Twin Star to approach SC against NCLAT stay in Videocon case

“Once the committee of creditors approved the resolution plan and the adjudicating authority stamped its approval on it, then nothing remains to challenge for dissenting minority shareholders,” said a person privy to the development. “The Supreme Court has also clarified explicitly that the commercial wisdom of the lenders prevails.”

from Markets-Economic Times https://ift.tt/37bh2nU