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NCLAT temporarily stays insolvency process against Deccan Charters

NCLT had initiated the CIRP against the chartered helicopters and aircrafts company on April 5 for alleged default of over ₹9 crores.

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NCLAT sets aside CCI order passed by 3 out of 5 members who heard case, says all who hear case must sign order

The NCLAT also criticised the CCI for taking almost 13 months to pass the order, by which time two of the five-member coram had retired and, therefore, could not sign the order.

Uttar pradeshDevansh shekharSanjeev kumar singhRajat srivastavaAugustine peterAman kumar thakurJustice mittalKunal masiwalAlok srivastavaSudhanshu prakash singhGautam shahiAvdhesh bairwaSanyat lodhaSushil shuklaPranjit bhattacharyaSudhir mital

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