{"id":3079,"date":"2025-01-12T06:23:47","date_gmt":"2025-01-12T07:23:47","guid":{"rendered":"http:\/\/sierrascreen.com\/?p=3079"},"modified":"2025-01-12T10:17:36","modified_gmt":"2025-01-12T10:17:36","slug":"nclat-dismisses-appeal-to-stay-insolvency-proceedings-against-indrajit-power","status":"publish","type":"post","link":"http:\/\/sierrascreen.com\/index.php\/2025\/01\/12\/nclat-dismisses-appeal-to-stay-insolvency-proceedings-against-indrajit-power\/","title":{"rendered":"NCLAT dismisses appeal to stay insolvency proceedings against Indrajit Power"},"content":{"rendered":"<p>NCLAT has upheld NCLT&#8217;s decision to begin insolvency proceedings against Indrajit Power, rejecting director Rajiv Munjal&#8217;s appeal to stay the process. Yes Bank claims a default of Rs 331.41 crore. Despite opportunities for settlement, no agreement was reached, leading to the appeal&#8217;s dismissal. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NCLAT has upheld NCLT&#8217;s decision to begin insolvency proceedings against Indrajit Power, rejecting director Rajiv Munjal&#8217;s appeal to stay the process. Yes Bank claims a default of Rs 331.41 crore.<\/p>\n<p class=\"more-link\"><a href=\"http:\/\/sierrascreen.com\/index.php\/2025\/01\/12\/nclat-dismisses-appeal-to-stay-insolvency-proceedings-against-indrajit-power\/\" class=\"readmore\">Continue reading<svg class=\"icon icon-arrow-right\" aria-hidden=\"true\" role=\"img\"> <use href=\"#icon-arrow-right\" xlink:href=\"#icon-arrow-right\"><\/use> <\/svg><span class=\"screen-reader-text\">NCLAT dismisses appeal to stay insolvency proceedings against Indrajit Power<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":3081,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[9],"tags":[],"_links":{"self":[{"href":"http:\/\/sierrascreen.com\/index.php\/wp-json\/wp\/v2\/posts\/3079"}],"collection":[{"href":"http:\/\/sierrascreen.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/sierrascreen.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/sierrascreen.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/sierrascreen.com\/index.php\/wp-json\/wp\/v2\/comments?post=3079"}],"version-history":[{"count":1,"href":"http:\/\/sierrascreen.com\/index.php\/wp-json\/wp\/v2\/posts\/3079\/revisions"}],"predecessor-version":[{"id":3080,"href":"http:\/\/sierrascreen.com\/index.php\/wp-json\/wp\/v2\/posts\/3079\/revisions\/3080"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/sierrascreen.com\/index.php\/wp-json\/wp\/v2\/media\/3081"}],"wp:attachment":[{"href":"http:\/\/sierrascreen.com\/index.php\/wp-json\/wp\/v2\/media?parent=3079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/sierrascreen.com\/index.php\/wp-json\/wp\/v2\/categories?post=3079"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/sierrascreen.com\/index.php\/wp-json\/wp\/v2\/tags?post=3079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}