On October 18 JKC appealed to the National Company Law Tribunal (NCLT) to allow the resolution plan to be implemented, said a person in the know. The next hearing in the bankruptcy court is on November 29. Jalan didn't rule out approaching the Supreme Court if the issues are not resolved. "We are evaluating all options on that. First, of course, there are bilateral discussions, where you try to come to an agreement. And then you see how it leads up."
from Industry-Economic Times
Read The Rest:economictimes...