NCLT Grants Sree Bajrang Infracon 18-Day Settlement Period

NCLT Guwahati grants Sree Bajrang Infracon Pvt. Ltd. 18 days to settle its insolvency dispute with operational creditor Jalan Sales Corporation.
Respondents undertake to hand over an Audi, Fortuner, and Scorpio vehicles to the liquidator if settlement is not reached within the deadline.
The matter involves multiple interlocutory applications filed under Section 9 of the Insolvency and Bankruptcy Code, 2016.
The liquidator strongly opposed the respondents' submission for a settlement period during the hearing.