SC rejects Nirmal Lifestyle plea

The Supreme Court on Thursday has dismissed a petition filed by the promoters of Nirmal Lifestyle (Kalyan) to set aside an order passed by the National Company Law Appellate Tribunal (NCLAT), which allowed lenders to carry on with insolvency resol...

By ET Bureau | Updated: Jan 20, 2023, 12.16 AM IST

The Supreme Court on Thursday has dismissed a petition filed by the promoters of Nirmal Lifestyle (Kalyan) to set aside an order passed by the National Company Law Appellate Tribunal (NCLAT), which allowed lenders to carry on with insolvency resolution proceedings against the real estate developer.

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