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104-year-old PSU Bridge and Roof escapes insolvency after NCLAT quashes NCLT order

The creditor, Chevrox Constructions, informed the appellate tribunal that it had received the entire debt amount from the government company, Bridge and Roof. In light of this, the NCLT order was set aside. ....

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NCLT Kolkata admits 104-year-old government company into insolvency process

The Kolkata bench also clarified that even though Bridge and Roof was a government-owned company, it fell under the purview of the IBC. ....

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