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NCLAT restores RP in HNG case
Mint Bangalore
|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.
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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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