NCLT dismisses Gateway Offshore’s insolvency plea against Pune-based Runwal Realtors - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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NCLT dismisses Gateway Offshore’s insolvency plea against Pune-based Runwal Realtors

The Mumbai bench of the National Company Law Tribunal (NCLT), while rejecting the arguments made by Gateway Offshore in its petition, observed that in absence of any written document indicating the purpose of the transactions between the parties, it cannot be assumed to have been towards a loan.

from Industry-Economic Times
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