NCLAT set asides show cause notice against lenders over liquidation of SARE Realty Projects without bids

Dated on: Monday 5th February 2024

On Wednesday, the National Company Law Appellate Tribunal (NCLAT) overturned an NCLT judgment that had issued a show cause notice and recommended SARE Realty Projects' liquidation without considering other options, such as finding a buyer.

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