RCap insolvency: Torrent moves SC against NCLAT order allowing second e-auction

Torrent Group has moved the Supreme Court against the National Company Law Appellate Tribunal’s (NCLAT) order that permitted holding of an extended auction for Reliance Capital, which is undergoing insolvency proceedings. In its filing, the Gujarat-based firm has termed the administrator’s decision to hold another round of challenge process “illegal”, even as it sought a […]

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