NCLAT closes insolvency proceedings against JHL as Max Healthcare settles creditor’s claims

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The National Company Law Appellate Tribunal (NCLAT) has ended insolvency proceedings against Jaypee Healthcare, as financial creditors’ dues were settled by Max Healthcare with a Rs 1,035.29 crore payment. The CIRP was initiated by NCLT following a petition by JC Flowers Asset Reconstruction Ltd.

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NCLAT closes insolvency proceedings against JHL as Max Healthcare settles creditor’s claims

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