[Breaking]: NCLT allows MCA to appoint nominee directors at Unitech

[Breaking]: NCLT allows MCA to appoint nominee directors at Unitech

The Principal Bench of the National Company Law Tribunal (NCLT) today allowed the Ministry of Corporate Affairs (MCA) to appoint ten nominee directors to take over the management of Unitech Ltd. However, the appointment of nominee directors will be subject to the directions of the Tribunal.

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