New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Monday deferred hearing in a plea in the insolvency case of SREI Infrastructure to 4 October after the company sought time to submit a rejoinder to a response by the Reserve Bank of India (RBI).
Adisri Commercial, former promoter of SREI Infrastructure, had appealed to the NCLAT challenging the decision of Kolkata bench of the National Company Law Tribunal.
During the previous hearing, NCLAT had asked the RBI to file a reply to the plea within three weeks, which the banking regulator did.
In October 2021, the NCLTs Kolkata bench in its order allowed the RBI’s plea under section 227 of the Insolvency and Bankruptcy Code, 2016, thus admitting Srei Equipment under Corp…
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