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Coffee Day Global’s agreement with IndusInd Bank, NCLAT cancels bankruptcy proceedings

Coffee Day Global's agreement with IndusInd Bank, NCLAT cancels bankruptcy proceedings

Coffee Day Global vs IndusInd Bank: Coffee Day Global Limited (CDGL) and its financial lender IndusInd Bank. After this agreement, the National Company Law Appellate Tribunal (NCLA)NCLAT) has canceled the bankruptcy order against the company. This company operates the coffee chain CafĂ© Coffee Day. Counsel for CDGL and IndusInd Bank on Wednesday informed the Chennai … Read more