India Inc faces delay in its M&A, restructuring proposals, as NCLT grapples with Covid-19 related restrictions

The short-staffed adjudicating authority is currently hearing only emergency matters due to Covid-19 related restrictions. These matters include cases related to time-bound Insolvency and Bankruptcy Code (IBC) as well as matters related to oppression and mismanagement in companies.

from News-Economic Times https://ift.tt/3q3Fm3F