SC limits CIRP to only one project of Supertech – Upheld NCLT direction

Indiabulls Asset Reconstruction Company Limited Vs Ram Kishore Arora & Ors. (Supreme Court of India)

SC upheld NCLT interim directions, including constitution of CoC for Eco Village Project-II only; the said project to be completed with assistance of ex-management whereas other projects, apart from Eco Village-II, were ordered to be continued as ongoing projects.

SC held that as at present, we should adopt the course which appears to c

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