NCLAT orders status quo on Sarda Energy & Minerals Ltd (SEML)’s bid to take over SKS Power Ltd
The National Company Law Appellate Tribunal (NCLAT) has ordered a status quo on Sarda Energy & Minerals Ltd (SEML)’s bid to take over SKS Power Ltd responding to the company’s plea against a lower court’s order which had asked lenders to reconsider their decision to declare SEML as the winning bidder.
