Bombay High Court Allows Insolvency Plea Of Orbit Corp’s Former Directors
Home buyers pose in front of an unfinished residential apartment project by Orbit Corp., which collapsed in 2016, in the Andheri area of Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Bombay High Court Allows Insolvency Plea Of Orbit Corp’s Former Directors

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The Bombay High Court allowed a plea filed by two former directors of troubled Orbit Corp. Ltd. claiming their inability to repay debts, pronouncing them insolvent.A single-judge bench of Justice S...
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