The Mumbai bench of the National Company Law Tribunal (NCLT) has approved a ₹1,950 crore one-time settlement scheme to help resolve the long-running NSEL payment crisis affecting over 5,600 investors. The tribunal described the plan as fair and reasonable, paving the way for payouts to specified creditors while ongoing investigations and asset attachments under other laws continue.
Know More At:- https://www.business-standard.com/industry/news/nclt-approves-1-950-crore-one-time-settlement-for-nsel-investors-125112801064_1.html
Know More At:- https://www.business-standard.com/industry/news/nclt-approves-1-950-crore-one-time-settlement-for-nsel-investors-125112801064_1.html
The Mumbai bench of the National Company Law Tribunal (NCLT) has approved a ₹1,950 crore one-time settlement scheme to help resolve the long-running NSEL payment crisis affecting over 5,600 investors. The tribunal described the plan as fair and reasonable, paving the way for payouts to specified creditors while ongoing investigations and asset attachments under other laws continue.
Know More At:- https://www.business-standard.com/industry/news/nclt-approves-1-950-crore-one-time-settlement-for-nsel-investors-125112801064_1.html
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