NCLT Rejects ₹4.31-Crore Insolvency Plea Against Shapoorji Pallonji Over IBC Threshold, COVID Exclusion
Mumbai, October 1, 2026: The National Company Law Tribunal (NCLT) has rejected a petition filed by Uniton Infra Private Limited seeking initiation of Corporate Insolvency Resolution Process (CIRP) against Shapoorji Pallonji and Company Private Limited over an alleged operational debt of Rs 4.31 crore. The tribunal held that the petition was hit by the COVID-19-related exclusion period under…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
