Case Law Details
Case Name : FLSmidth Private Limited Vs Lanco Infratech Ltd. (NCLAT Chennai)
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NCLAT
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FLSmidth Private Limited Vs Lanco Infratech Ltd. (NCLAT Chennai)
In a recent decision, the National Company Law Appellate Tribunal (NCLAT) Chennai addressed the authority of a liquidator in insolvency cases. The case involved FLSmidth Pvt Ltd’s dispute with Lanco Infratech Ltd regarding claims and counterclaims, highlighting the limitations of a liquidator’s powers.
FLSmidth Pvt Ltd initiated insolvency proceedings against Lanco Infratech Ltd under Section 7 of the Please become a Premium member. If you are already a Premium member, login here to access the full content.
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