BHEL offers Settlement with GE Power: NCLT allows to Withdraw Insolvency petition [Read Order]

BHEL - Settlement with GE Power - GE Power - NCLT - Insolvency petition - taxscan

The National Company Law Tribunal allowed GE Power to withdraw its insolvency petition against public sector undertaking, Bharat Heavy Electricals Ltd (BHEL) with the liberty to revive if the operational debt is not settled. Akshay Sapre, along with Abhijit Swarup and Aneesha Rastogi appeared for GE Power. It was informed that BHEL had sent a…

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