Ricoh India Insolvency: Creditors’ Committee Cannot Approve Illegal Conduct, NCLAT Says
Ricoh India owes nearly Rs 2,519 crore to its financial and operational creditors. (Photo: Ricoh Company Ltd.)

Ricoh India Insolvency: Creditors’ Committee Cannot Approve Illegal Conduct, NCLAT Says

The National Company Law Appellate Tribunal has set aside an order which approved a resolution plan for Ricoh India Ltd. that was submitted by a consortium led by Kalpraj Dharamshi and Rekha Jhunjh...
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