NCLT admits Antrix Corp's plea to wind up Devas Multimedia, appoints Provisional Liquidator to take control of management

The provisional liquidator has been permitted to take control of the management, properties and actionable claims of Devas Multimedia.
NCLT- Image for representational purposes
NCLT- Image for representational purposes

The National Company Law Tribunal (NCLT), Bengaluru ordered the appointment of a provisional liquidator for Devas Multimedia Pvt Ltd following a winding-up petition preferred by Central government-owned Antrix Corporation.

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