KSK Mahanadi Power Company, represented by its Resolution Professional s counsel, informed the NCLT, Hyderabad, on Monday, that new circumstances necessitate a reissuance of bids under the corporate insolvency resolution process (CIRP) for KSK Mahanadi Power, which entered insolvency proceedings in October 2019.
India Business News: The fate of Go First, grounded on May 3, 2023, remains uncertain as NCLT extends CIRP by 60 days. CoC reviews two bids, including Central Bank of Indi
The National Company Law Appellate Tribunal (NCLAT) has directed Sporta Technologies, parent company of Dream11, to maintain its status as a going concern, despite the RP s counsel arguing that the management is suspended.