Chinmaya IAS Academy – Current Affairs Chinmaya IAS Academy – Current Affairs
In a recent development, the National Company Law Appellate Tribunal (NCLAT) rejected an insolvency plea filed by SNJ Synthetics against PepsiCo India Holdings. The tribunal ruled that the Insolvency and Bankruptcy Code (IBC) is not intended to serve as a mechanism for recovering dues where only contested interest amounts are …
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