Moneycontrol
Last Updated : Jan 30, 2018 05:25 PM IST | Source: CNBC-TV18

Government withdraws Unitech takeover plea from NCLT: Sources

CNBC-TV18 learns that there is a fresh twist in the Unitech case. According to sources, the government has withdrawn its plea from the National Company Law Tribunal (NCLT) to pursue Unitech takeover.

CNBC TV18 @moneycontrolcom

CNBC-TV18 learns that there is a fresh twist in the Unitech case. According to sources, the government has withdrawn its plea from the National Company Law Tribunal (NCLT) to pursue Unitech takeover.

The ministry of corporate affairs had moved the NCLT to take control of Unitech after alleging mismanagement and diversion of funds by the Unitech board.

Watch accompanying video of CNBC-TV18’s Ashmit Kumar for more details.
First Published on Jan 30, 2018 05:21 pm
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