Tag: LiquidationProceedings
NCLAT’s Decision in Phoenix ARC Case: Implications for Secured Creditors’ Security Interest in Liquidation
On 20 March 2025, the National Company Law Appellate Tribunal (NCLAT) delivered a judgment in the case of Phoenix ARC Private Limited vs. Kuldeep Verma, affirming the decision of the National Company Law Tribunal (NCLT)
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