NCLT refuses to admit plea by DHL to initiate insolvency against Eicher Motors

The NCLT noted that there were pre-existing disputes between the parties before the issuance of the demand notice and refused to allow the insolvency application.

The National Company Law Tribunal (NCLT) at Delhi refused to admit a plea DHL Supply Chain India Pvt Ltd (DHL) to initiate insolvency proceedings against Eicher Motors Limited, a commercial vehicle manufacturer and also the parent company of Royal Enfield.

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