NCLAT stays formation of committee of creditors to overtake group company of realty developer ATS - Economic Times

“We welcome the decision of the Court to put a stay on the constitution of CoC till the next hearing. We are adhering to all legal guidelines and are working towards resolving the matter amicably with ICICI Prudential Asset Management Company,” said spokesper…

The National Company Law Appellate Tribunal (NCLAT) has stayed formation of Committee of Creditors (COC) to overtake Anand Divine Developers Private Limited, a subsidiary of Noida-based realty develo… [+1158 chars]

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