NCLT restrains Reliance Capital administrator from presenting Hinduja's belated plan before CoC

The administrator says it is duty-bound to present all plans before CoC which is in the process of verifying if the plans are compliant. Administrator to appeal against the order with NCLAT. Torrent's counsel tells the count that rules cannot be abandoned for value maximisation.

from Banking/Finance-Industry-Economic Times https://ift.tt/NYE9nlB