NCLT admits IndusInd bank's insolvency plea against Cafe Coffee Day

The tribunal also appointed Shailendra Ajmera as the interim resolution professional.
Cafe coffee day
Cafe coffee day

The National Company Law Tribunal (NCLT) at Bengaluru admitted the insolvency plea filed by IndusInd bank against Coffee Day Global, the parent company of famous coffee chain, Cafe Coffee Day (CCD) [Indus Ind Bank Ltd. v. Coffee Day Global Ltd].

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