Tuticorin Coal Terminal: NCLAT dismisses plea by Jindal Powe

Tuticorin Coal Terminal: NCLAT dismisses plea by Jindal Power

Jindal Power wanted to be considered as an applicant for the acquisition of insolvent Tuticorin Coal Terminal Pvt Ltd. The NCLT had allowed Jindal Power to participate in resolution process only if its name appeared in final list of Prospective Resolution Applicants (PRA) prepared by the Committee of Creditors (CoC).

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