NCLAT’s stay on the Videocon Resolution plan turns the clock back, say legal experts - Business News: Latest News & Videos about market and economy | Trendmergers

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NCLAT’s stay on the Videocon Resolution plan turns the clock back, say legal experts

On July 17, the NCLAT temporarily stayed the Mumbai bench of the National Company Law Tribunal's order that allowed Twin Star Technologies to buy Videocon under the Insolvency & Bankruptcy Code on June 8. Twin Star is owned by Volcan Investments, a company owned by Anil Agarwal of Vedanta Group.

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