India - National Company Law Tribunal
NCLT Ahmedabad Rules Consortium Creditors Cannot Unilaterally Release Mortgaged Asset Charges Without Co-lender Consent
NCLTAhmedabad Rules Consortium Creditors Cannot Unilaterally ReleaseMortgaged AssetCharges Without Co-lender ConsentIn a significant ruling concerning the integrity ofconsortium lendingstructures, theNational Company Law Tribunal(NCLT), Ahmedabad Bench, has affirmed that a lead creditor canno...
30 Jul 2026