NCLT Kolkata declares two transactions by McNally Bharat Engineering as preferential under IBC, ordering recoveries totaling ₹24.25 crore.
UCO Bank directed to refund ₹9.07 crore adjusted from a ₹39.63 crore income tax refund credited to the corporate debtor's account.
Three joint venture entities ordered to refund ₹15.18 crore from adjustments of receivables against security deposits paid to Coal India.
Recovered amounts to be distributed to financial creditors per the approved resolution plan and Section 53 of the IBC.