NCLAT stays insolvency proceedings against BPTP as realty fi

NCLAT stays insolvency proceedings against BPTP as realty firm settles dispute with operational creditor

The National Company Law Appellate Tribunal has stayed insolvency proceedings against BPTP after the real estate firm informed NCLAT that it has settled the dispute with its operational creditor
The National Company Law Tribunal (NCLT) had directed to initiate insolvency proceedings against BPTP Ltd, a leading real estate player in Delhi-NCR, on a petition filed by an operational creditor, RBCL

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