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Suspecting Prima Facie Case Of Collusion Between Promoters & Petitioners, SC Stays Insolvency Proceedings At NCLT, Mumbai [Read Order]
nitish kashyap
13 Jan 2018 11:32 AM IST
The Supreme Court recently stayed proceedings in a matter at the National Company Law Tribunal's Mumbai bench observing that there seems to be a prima facie case of a collusive effort between the promoters and the petitioners.The division bench of Justice Rohinton F Nariman and Justice Navin Sinha made the observation while hearing a civil appeal filed by investors of a collective...
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![Suspecting Prima Facie Case Of Collusion Between Promoters & Petitioners, SC Stays Insolvency Proceedings At NCLT, Mumbai [Read Order] Suspecting Prima Facie Case Of Collusion Between Promoters & Petitioners, SC Stays Insolvency Proceedings At NCLT, Mumbai [Read Order]](https://www.livelaw.in/cms/wp-content/uploads/2017/07/Bankruptancy.jpg)
