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Commissioner Of Customs vs M/S M.D. Overseas on 26 September, 2023

Commissioner Of Customs vs M/S M.D. Overseas on 26 September, 2023
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DHFL: NCLAT sets aside order directing NCLT to consider Wadwan's 2nd offer

Citing a recent judgement passed by the Supreme Court in the case of Ebix Singapore, the NCLAT said "there was no scope for negotiations between the parties once the CoC has approved the resolution plan". ....

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DHFL: NCLAT sets aside NCLT order that directed to consider Wadhwan's 2nd offer - Jammu Kashmir Latest News | Tourism

NEW DELHI, Jan 30: The National Company Law Appellate Tribunal (NCLAT) has set aside an earlier order of the Mumbai bench of the NCLT, which had directed the administrator of the debt-ridden DHFL to put the second settlement proposal by erstwhile promoter Kapil Wadhwan before its lenders for consideration. The appellate tribunal observed that NCLT has passed directions to consider the second proposal from Wadhwan, despite the fact that the Committee of Creditors (CoC) of DHFL had already by an […] ....

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