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

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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