‘Undischarged Insolvent’ under the 29A? NCLT not the right forum to determine

‘Undischarged Insolvent’ under the 29A? NCLT not the right forum to determine

While approving the resolution plan submitted by Tata Steel for Bhushan Energy, the National Company Law Tribunal (NCLT) made observations with respect to the term ‘undisputed insolvent’ under Section 29A of the Insolvency and Bankruptcy Code (IBC).

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