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Lender Seeks Better Settlement Plan From Debt-Ridden Supertech

Debt-ridden Supertech Ltd's lender Union Bank of India has asked it to come up with a settlement plan that entails "definite upfront payment" of dues

Uttar pradeshJustice ashok bhushanHitesh goyalMohit aroraSupertech groupNational company law tribunalSupertech ltdCounsel for the bank shri alok kumarNational company law appellate tribunalUnion bankBank shri alok kumarChairperson justice ashok bhushanInterim resolution professionalEco villageGreater noidaSupertech group managing director mohit arora

Supertech Insolvency: Lender asks for settlement plan, upfront payment of dues

The bank on whose application NCLT decided to initiate insolvency resolution proceedings against Supertech Ltd has made the submissions before appellate tribunal NCLAT.

Uttar pradeshJustice ashok bhushanHitesh goyalMohit aroraSupertech groupNational company law tribunalSupertech ltdCounsel for the bank shri alok kumarNational company law appellate tribunalUnion bankDebt ridden supertech ltdBank shri alok kumarChairperson justice ashok bhushanInterim resolution professionalEco villageGreater noida

Supertech Insolvency: Lender asks better settlement plan, definite upfront payment of dues

Supertech Insolvency: Lender asks better settlement plan, 'definite upfront payment' of dues

Uttar pradeshJustice ashok bhushanHitesh goyalMohit aroraSupertech groupNational company law tribunalSupertech ltdCounsel for the bank shri alok kumarNational company law appellate tribunalUnion bankDebt ridden supertech ltdBank shri alok kumarChairperson justice ashok bhushanInterim resolution professionalEco villageGreater noida

Supertech insolvency matter: NCLAT stays formation of committee of creditors

Supertech Ltd's counsel had requested for adjourning the matter for a week to enable it to approach the bank for negotiations.

Uttar pradeshNew delhiJustice ashok bhushanHitesh goyalRam kishor aroraMohit aroraSupertech groupPay commissionSupertech ltdNational company law tribunal onNational company law appellate tribunalUnion bankChairperson justice ashok bhushanNational company law tribunalInterim resolution professionalEco village

Supertech insolvency proceedings: NCLAT stays formation of CoC till April 19

Supertech Ltd's counsel requested for adjourning the matter for a week to enable it to approach the bank for negotiations.

Uttar pradeshJustice ashok bhushanHitesh goyalRam kishor aroraMohit aroraSupertech groupSupertech ltdNational company law tribunal onNational company law appellate tribunalUnion bankChairperson justice ashok bhushanNational company law tribunalInterim resolution professionalEco villageGreater noidaSupertech group managing director mohit arora

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