NCLAT stays insolvency process of Cafe Coffee Day
The Morning Standard|August 12, 2023
THE Chennai Bench of National Company Law Appellate Tribunal (NCLAT) on Friday stayed an order of the admission of a corporate insolvency plea by the NCLT Bengaluru against Cafe Coffee Day (CCD).
NCLAT stays insolvency process of Cafe Coffee Day

This comes as a big relief to the coffee chain company. The order has been put on hold till September. Last month, Coffee Day Global, which manages the CCD chain, was admitted for corporate insolvency. The company was facing bankruptcy after IndusInd Bank filed a petition to the NCLT Bengaluru.

هذه القصة مأخوذة من طبعة August 12, 2023 من The Morning Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة August 12, 2023 من The Morning Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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