ITPCL debt restructuring: NCLAT rejects SBI objection on liquidation value provided by PNB

Appellate tribunal NCLAT has rejected SBI’s pleas opposing the liquidation value of ITPCL  provided by the debt-ridden firm’s lead banker PNB and said the country’s largest lender cannot “wriggle out” the debt  restructuring process of the IL&FS group’s thermal power

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India , ,National Company Law Appellate Tribunal ,Il Fs Tamil Nadu Power Company Ltd ,Nadu Power Company Ltd ,Inter Creditor Agreement ,Restructuring Plan ,Liquidation Value ,Cuddalore District ,State Bank ,Master Restructuring Agreement ,