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NCLT admits Central Bk's IBC plea against Future Corporate Resources

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NCLT admits Central Bk's IBC plea against Future Corporate Resources

This story was originally published at 21:10 IST on September 24, 2024  Back
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The Mumbai bench of the National Company Law Tribunal today admitted a petition by Central Bank of India to start insolvency proceedings against Future Corporate Resources Pvt Ltd, a Future Group company. The tribunal appointed Avil Jerome Menezes as the interim resolution professional of the company to carry out the functions as per the Insolvency and Bankruptcy Code, 2016.

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