{"id":282521,"date":"2019-07-16T06:37:24","date_gmt":"2019-07-16T06:37:24","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=282521"},"modified":"2019-07-16T06:47:20","modified_gmt":"2019-07-16T06:47:20","slug":"mcleod-faces-nclt-test","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/mcleod-faces-nclt-test\/","title":{"rendered":"McLeod faces NCLT test"},"content":{"rendered":"<p>A creditor has hauled McLeod Russel India Ltd before the National Company Law Tribunal in an attempt to initiate a corporate insolvency resolution process (CIRP) against the firm under the Insolvency &amp; Bankruptcy Code.<\/p>\n<p>Techno Electric &amp; Engineering Co Ltd moved the petition on Monday before the Calcutta bench of NCLT while seeking to recover a Rs 100-crore loan that the bulk tea producer had taken. McLeod had defaulted on repayments.<\/p>\n<p>The two-member bench has listed the matter for further hearing on September 18 and has served a notice to McLeod. This is the third case that the Calcutta-based engineering, procurement and construction (EPC) company Techno Electric &amp; Engineering has slapped against MRIL.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A creditor has hauled McLeod Russel India Ltd before the National Company Law Tribunal in an attempt to initiate a corporate insolvency resolution process (CIRP) against the firm under the Insolvency &amp; Bankruptcy Code. Techno Electric &amp; Engineering Co Ltd moved the petition on Monday before the Calcutta bench of NCLT while seeking to recover a Rs 100-crore loan that the bulk tea producer had taken. McLeod had defaulted on repayments. The two-member bench has listed the matter for further hearing on September 18 and has served a notice to McLeod. This is the third case that the Calcutta-based engineering, [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,245,148],"tags":[],"class_list":["post-282521","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/282521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=282521"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/282521\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=282521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=282521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=282521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}