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NCLAT dismisses plea for initiation of insolvency proceedings against Spicejet by Ramco Systems

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Lucky Jain
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(G.N.S) Dt. 12 New Delhi The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea for initiation of insolvency proceedings against Spicejet by Ramco Systems Ltd, an operational creditor of the low-cost carrier. A two-member bench headed by Chairman Justice S J Mokhopadhaya upheld the orders passed by the

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