NCLT Suggests Out-Of-Court Settlement Between Binani Cement And Creditors
A worker unloads a sack of cement from a freight train in Mumbai, India (Photographer: Kuni Takahashi/Bloomberg)  

NCLT Suggests Out-Of-Court Settlement Between Binani Cement And Creditors

In an interesting twist to the Binani Cement Ltd. insolvency proceedings, the National Company Law Tribunal today suggested an out-of-court settlement between Binani and its committee of creditors....
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