![NCLAT stays Vedanta's Resolution Plan for Videocon Industries on plea by Bank of Maharashtra, IFCI [READ ORDER]](https://gumlet.assettype.com/barandbench%2F2021-06%2F66daa7e5-1269-4073-9618-b57bf3b8f34a%2FVideocon.jpg?auto=format%2Ccompress&fit=max)
The National Company Law Appellate Tribunal (NCLAT) has stayed the Vedanta Group's bid under the Insolvency and Bankruptcy Code (IBC) for Videocon Industries Ltd (Bank of Maharashtra v. Videocon Industries Ltd. & Ors.).
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