NCLT notice to Madhya Pradesh discom over dues to Tata Power Renewable Energy Ltd
The National Company Law Tribunal (NCLT) on Friday issued notice to the state-run power distribution company of Madhya Pradesh over non-payment of dues to Tata Power Renewable Energy Ltd.
The notice issued by NCLT Indore Bench at Ahmedabad is based on the company’s petition seeking initiation of insolvency proceedings on account of Rs 28 crore unpaid dues against Madhya Pradesh Power Management Co Ltd, a wholly-owned subsidiary of the state government.
