MUMBAI: Mediation will help to reduce the burden on National Company Law Tribunals (NCLTs) and especially disputes between operational creditors and defaulting companies will get resolved faster, feel lawyers. They added that the manufacturing and real estate sectors stand to gain most.
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For faster out-of-court settlement of disputes between creditors and defaulting companies, an expert committee appointed …
Read the full article at: https://m.economictimes.com/news/company/corporate-trends/mediation-to-lower-burden-for-nclts-speed-up-resolutions-say-lawyers/articleshow/107922926.cms