Sterling SEZ Sent For Liquidation\, NCLT Asks Government To Take Action Against Bankers

A vendor counts Indian rupee banknotes at a stall outside a Hindu temple in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Sterling SEZ Sent For Liquidation, NCLT Asks Government To Take Action Against Bankers

In a major setback to the lenders led by Andhra Bank, the National Company Law Tribunal recalled its earlier order allowing withdrawal of the insolvency process of Sterling SEZ & Infrastructure...