Dream 11 case: NCLAT stays NCLT order in Dream 11 case, directs IRP not to take any step till Feb 23 : vimarsana.com

The National Company Law Appellate Tribunal (NCLAT) has stayed the NCLT Mumbai bench's order to initiate a Corporate Insolvency Resolution Process (CIRP) against Sporta Technologies, the operator of the fantasy sports platform Dream11. The stay will remain in effect until the next hearing on February 23.

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