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Tag: Section 7 of the Insolvency and Bankruptcy Code

National Company Law Tribunal admits Aban Offshore under insolvency process

Posted on September 2, 2025 By admin
National Company Law Tribunal admits Aban Offshore under insolvency process

Image used for representation purpose only. The National Company Law Tribunal (NCLT), Chennai, on Monday (September 1, 2025) admitted Aban Offshore Ltd. for insolvency resolution, following a petition filed by Punjab National Bank. The order copy is awaited, Aban Offshore said in a filing to the stock exchange. Punjab National Bank, a financial creditor, had…

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