Lenders and the National Company Law Tribunal have approved Twinstar's bid to acquire the Videocon companies for ₹2,962 crore under the Insolvency and Bankruptcy Code. Dhoot challenged this in the Supreme Court and sought a direction to the lenders to accept his ₹31,789 crore resolution plan. On April 17, the top court sought Twinstar's response to the appeal.
Read More