NCLAT stays Jyoti Structures liquidation
Updated : August 22, 2018 08:18 AM IST
The National Company Law Appellate Tribunal (NCLAT) has stayed the liquidation of debt-ridden real estate firm Jyoti Structures and barred any sale of its assets till further orders.
The appellate tribunal has directed the Mumbai bench of the National Company Law Tribunal (NCLT) and the resolution professional of the company not to take any steps in this regard.
A two-member bench headed by Chairman Justice S J Mukhopadhaya has directed to list the matter on September 18 for next hearing.