NCLAT Stays Insolvency Order Against Polycab India
Polycab India said NCLAT stayed the NCLT order admitting an insolvency petition over alleged operational dues. A hearing is set for October 26.
Polycab India Ltd, which makes wires, cables and fast-moving electrical goods, said on Tuesday (October 13) that the National Company Law Appellate Tribunal (NCLAT) had stayed the National Company Law Tribunal’s (NCLT) order admitting an insolvency petition against the company over alleged operational dues of ₹…