Liquidation Proceedings in NATIONAL COMPANY LAW TRIBUNAL Chandigarh Bench
The National Company Law Tribunal (NCLT) oversees liquidation proceedings in India as the adjudicating authority under the Insolvency and Bankruptcy Code, 2016 (IBC). Liquidation is the final step in winding up a company’s affairs when revival is not possible, involving the sale of assets and distribution of proceeds to stakeholders. This is a case digest … Read more
