NCLT Delhi Initiates Insolvency Process Against Ansal Properties & Infrastructure Ltd.

The National Company Law Tribunal ("NCLT"), New Delhi Bench, comprising of Shri Bachu Venkat Balaram Das (Judicial Member) and Shri L.N. Gupta (Technical Member), while adjudicating a petition filed in Bibhuti Bhushan Biswas & Ors. v M/s Ansal Properties and Infrastructure Ltd., has initiated Corporate Insolvency Resolution Process ("CIRP") against Ansal Properties and Infrastructure Ltd....