NCLAT Stays NCLT Kolkata Order Admitting Insolvency Plea Against Vikram Solar Over ₹9.44 Crore Operational Debt Claim

The National Company Law Appellate Tribunal (NCLAT) has stayed the operation of a National Company Law Tribunal (NCLT), Kolkata order admitting a Section 9 insolvency petition against Vikram Solar Limited over an alleged operational debt of ₹9.44 crore. The NCLT had admitted the insolvency application filed by Isitva Steels Private Limited, an operational creditor engaged … Continue reading NCLAT Stays NCLT Kolkata Order Admitting Insolvency Plea Against Vikram Solar Over ₹9.44 Crore Operational Debt Claim