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Tag: Reliance Infrastructure

NCLT considers insolvency arguments made against Mumbai Metro One

The Mumbai bench of the National Company Law Tribunal (NCLT) has resolved two distinct bankruptcy cases brought against Reliance Infrastructure (RInfra) and its subsidiary Mumbai Metro One (MMOPL), providing a significant reprieve. A debt settlement agreement negotiated between Mumbai Metro and the lenders resulted in the dismissal of the petitions brought by State Bank of…

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