BNS 316: The Kolkata NCLT Stays Liquidation Petition Amidst Fraud & Asset Transfer Dispute
The developments in the case of BNS 316, currently before the National Company Law Court (NCLT) in Kolkata, have seen a significant pause. The NCLT directed a stay on the winding up petition which had been filed earlier. This decision comes amidst ongoing allegations of fraud and a protracted is