NCLAT adjourns hearing on Videocon lenders’ plea for fresh round of bidding
The National Company Law Appellate Tribunal (NCLAT) on Monday adjourned a hearing on the Videocon Industries’ lenders’ plea seeking a fresh round of bidding for the bankrupt firm till September 30.
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The adjournment came after solicitor general Tushar Mehta, appearing on behalf of the CoC, sought time to submit a rejoinder to the reply-affidavit filed by approved bidder Twin Star Technologies on the September 18 submission made by CoC seeking rebidding.
