SC stays NCLT order on Jaypee infratech
Monday - September 4, 2017 2:14 pm ,
Category : BUSINESS
SC stays NCLT order on Jaypee infratech
New Delhi Sep 4 (IANS) The Supreme Court on Monday stayed an order of the National Company Law Tribunal (NCLT) appointing an insolvency resolution professional on IDBI s plea seeking recovery of Rs 500 crore from Jaypee Infratech.
Staying the August 9 order of the Allahabad bench of NCLT a bench of Chief Justice Dipak Misra Justice A.M. Khanwilkar and Justice D.Y. Chandrachud told the petitioner to serve a copy of their petition on Attorney General K.K. Venugopal seeking his assistance in the matter.
The court posted the matter for next hearing on October 10.
--IANS
pk/in/dg
