Saturday, May 23, 2020

NCLAT directs SBI to substitute IRP who was an Ex-employee of Bank [Read Order]

The National Company Law Appellate Tribunal ( NCLAT ) has upheld the order directing State Bank of India ( SBI ) to the substitution of a financial creditor’s ex-employee as the proposed interim resolution professional in a CIRP initiated by the financial creditor, on the ground of apprehension of bias. The appellant, State Bank of […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2Tzwgg3

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