On July 17, the NCLAT temporarily stayed the Mumbai bench of the National Company Law Tribunal's order that allowed Twin Star Technologies to buy Videocon under the Insolvency & Bankruptcy Code on June 8. Twin Star is owned by Volcan Investments, a company owned by Anil Agarwal of Vedanta Group.
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Monday, July 26, 2021
NCLAT’s stay on the Videocon Resolution plan turns the clock back, say legal experts
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