ITPCL debt restructuring: NCLAT rejects SBI objection on liq

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

Related Keywords

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 ,

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