Mumbai: NCLT Rules SBI Entitled To Minimum Security-Linked Liquidation Value In AA Estates Insolvency Case
Mumbai, October 9, 2026: The National Company Law Tribunal (NCLT) has held that the State Bank of India (SBI), a dissenting secured creditor in the insolvency proceedings of AA Estates Pvt Ltd, is entitled to receive at least the liquidation value attributable to its security interest. The tribunal has ruled that this entitlement cannot be capped at the total amount offered under the resolution…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
