NCLAT rejects telecom dept's plea in Rolta insolvency, upholds ₹900-crore resolution plan
· livemint.com
The ruling clears the way for successful bidder Ashdan Properties to take over the bankrupt tech firm, leaving government authorities to recover just 0.06% of their statutory dues.
The National Company Law Appellate Tribunal (NCLAT) on Thursday rejected the Centre's plea seeking to recover admitted claims of ₹179.19 crore from bankrupt t...