NCLAT Upholds Takeover Of Dighi Port By Adani group's Adani Ports & Special Economic Zone [Read Order]

NCLAT has upheld the takeover of the debt-ridden Dighi Port by Adani Ports & Special Economic Zone (APSEZ) confirming the order of the Adjudicating Authority (NCLT) which had approved the resolution plan of APSEZ in March, 2020. The said order was impugned by the Director and promoter of Dighi Ports Mr. Vijay Kalantri who assailed the order on grounds that it did not take into...