Release of attachment on the plant and machinery, factory ...

Bombay High Court Rules NSEL Not a Financial Establishment; Lifts Attachment on Corporate Debtor's Assets u/s 60(5.

October 15, 2020

Case Laws Insolvency and Bankruptcy Tri

Release of attachment on the plant and machinery, factory building, movable assets and bank accounts - Section 60(5) of I&B Code - since the Hon'ble High Court of Bombay has ruled that NSEL is not a Financial Establishment, the impugned notification of the Deputy Secretary to the Government of Maharashtra with regard to attachment over the properties of Corporate Debtor owing to its alleged dues to NSEL cannot survive. - Tri

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Release of attachment on the plant and machinery, factory ...

Bombay High Court Rules NSEL Not a Financial Establishment; Lifts Attachment on Corporate Debtor's Assets u/s 60(5.

October 15, 2020

Case Laws Insolvency and Bankruptcy Tri

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