Supreme Court Upholds Piramal's Resolution Plan For DHFL, Sets Aside NCLAT Order

The Supreme Court upheld Piramal's resolution plan for Dewan Housing Finance Corporation Limited (DHFL), setting aside the NCLAT order. The Supreme Court's decision aimed to provide clarity and finality to the insolvency resolution process. It emphasized the importance of adhering to the approved resolution plan to ensure the revival of distressed companies. This ruling highlights the judiciary's role in facilitating effective insolvency resolution and protecting the interests of creditors and stakeholders.