NCLT Rejects Insolvency Plea Against Noida Metro Rail Corp
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
The National Company Law Tribunal (NCLT) has rejected an insolvency plea against the Noida Metro Rail Corporation. The rejection is reportedly due to pre-existing disputes or a contractual dispute, although the details of the dispute are not specified. The amount of the insolvency plea was reportedly around 1,323 crore rupees, filed by Morgan Securities against a company, with some outlets specifying the company as Noida Metro Rail Corp and others as BPL.
Full coverage
12345678