NCLT definition
Examples of NCLT in a sentence
TypeSection of the Companies ActBrief DescriptionDetails of Penalty / Punishment/ Compounding fees imposedAuthority [RD / NCLT/ COURT]Appeal made, if any (give Details)A.
TypeSection of the Companies ActBrief DescriptionDetails of Penalty/ Punishment/ Compounding fees imposedAuthority [RD / NCLT/ COURT]Appeal made, if any (give Details)A.
TypeSection of the Companies ActBrief DescriptionDetails of Penalty / Punishment/ Compounding fees imposedAuthority [RD / NCLT/ COURT]Appeal made,if any (give Details)A.
NCLT has vide the Liquidation Order had ordered commencement of liquidation process of the Company as per Section 33 of the IBC read with Liquidation Process Regulations.
NCLT Decision The original resolution plan submitted by ArcelorMittal and later approved by the CoC, provided that the operational creditors with an exposure of an amount above INR 1 Crore would forego the entire amount.