NCLAT dismisses insolvency plea in opposition to PepsiCo India

NCLAT dismisses insolvency plea in opposition to PepsiCo India

Picture used for consultant function solely. | Photograph Credit score: Reuters The Nationwide Firm Legislation Appellate Tribunal (NCLAT) has dismissed an insolvency petition in opposition to PepsiCo India Holdings after observing that provisions of IBC can’t be was a debt-recovery continuing. The appellate insolvency tribunal has upheld the sooner order handed by the Chandigarh bench…

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