NCLT Rejects Daaraa Advance Manufacturing’s Plea To Recover Gold Machinery From Damara Gold CIRP Process
Mumbai: The National Company Law Tribunal (NCLT) has dismissed an application filed by Daaraa Advance Manufacturing Solutions Pvt Ltd seeking possession and relocation of plant and machinery belonging to Damara Gold Pvt Ltd, which is undergoing corporate insolvency resolution proceedings (CIRP). Company Claimed Machinery Was Leased The application was filed under Section 60(5) of the Insolvency…
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