Birla Tyres Insolvency Case: NCLAT dismisses Kesoram’s appeal in Birla Tyres insolvency case
The National Company Law Appellate Tribunal (NCLAT) on Friday dismissed Kesoram Industries’ appeal against the National Company Law Tribunal’s Kolkata ruling that had rejected its claim of being a financial creditor of Birla Tyres Ltd. The appellate tribunal held that Kesoram had failed to prove that the transaction was a deposit of money or a … Read more
