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NCLAT restores RP in HNG case

Mint Ahmedabad

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July 14, 2025

The insolvency appellate tribunal National Company Law Appellate Tribunal (NCLAT) has set aside National Company Law Tribunal's (NCLT) direction to change the resolution professional (RP) of debt-ridden Hindusthan National Glass Industries (HNG) and asked it to take a decision on the bids as per the Supreme Court's directions.

A three-member NCLAT bench gave a go-ahead to the Kolkata Bench of the NCLT to decide on the approval of bids for Hindusthan National Glass Industries in accordance with the directions passed by t

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