NCLT sees infringement of Sec 29(A) in Sterling Biotech case

The National Company Law Tribunal (NCLT) in the Sterling Biotech case for the second time has scrutinized the motive of moneylenders, driven by Andhra Bank to withdraw their chapter 11 application and to pick a one-time repayment with the slipping off advertisers of Sterling Biotech. The council has likewise scrutinized the wellspring of assets which […]