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SC rejects bankruptcy order review plea by Nitin Desai's widow

The Supreme Court has dismissed a petition by Naina Desai, widow of art director Nitin Desai, seeking a review of the National Company Law Appellate Tribunal (NCLAT) order allowing bankruptcy proceedings against their company. This clears the way for recovery proceedings against ND s Art World Pvt Ltd, which owes Edelweiss Asset Reconstruction Co. close to Rs 300 crore. ....

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