NCLAT sets aside insolvency proceedings against Coffee Day Enterprises | Company Business News
The National Company Law Appellate Tribunal (NCLAT) on Thursday set aside insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), the parent company of Café Coffee Day (CCD), dismissing a bankruptcy plea filed by IDBI Trusteeship over an alleged ₹228 crore default. The ruling came in response to a petition by Malavika Hegde, a shareholder and … Read more