NCLAT Directs Sealed Cover for SCC Meeting in Edelweiss Case

Edelweiss Asset Reconstruction Company Ltd. Vs Ramachandran Subramanian (NCLAT Delhi) The National Company Law Appellate Tribunal (NCLAT) Delhi has intervened in a dispute involving Edelweiss Asset Reconstruction Company Ltd. and the appointed liquidator, Ramachandran Subramanian. The appeal challenged a July 9, 2025, order by the National Company Law Tribunal (NCLT) that mandated a meeting of the Stakeholder Consultation Committee (SCC) on July 15, 2025, without allowing Edelweiss ARC, holding 84.82% of the vote share, to participate in voting. Edelweiss ARC had filed an application (IA No. 5...