Nclt News - Latest Updates & Headlines
Ola Electric's vendor moves NCLT over unpaid dues, seeks insolvency action
New Delhi, March 16: A vendor of Ola Electric Mobility Limited -- Rosmerta Digital Services Private Limited -- has filed an insolvency petition against a wholly owned subsidiary of the electric two-wheeler maker over alleged non-payment of dues.
Homebuyers' victory: NCLT approves resolution plan for Universal Buildwell Projects
New Delhi, March 10: In a significant victory for over 1,000 homebuyers, the National Company Law Tribunal (NCLT) has approved a resolution plan for Universal Buildwell Private Limited's stalled projects.