IBC: NCLT Rejects Canara Bank’s Insolvency Plea Against GTL
An air-traffic controller speaks on the telephone inside a control centre at Delhi Airport in India. GTL Ltd. is a network services provider based in Navi Mumbai. (Photographer: Prashanth Vishwanathan/Bloomberg)

IBC: NCLT Rejects Canara Bank’s Insolvency Plea Against GTL

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The Mumbai bench of the National Company Law Tribunal has rejected Canara Bank Ltd.’s application to initiate insolvency proceedings against GTL Ltd.The state-run lender had initiated insolvency pr...
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