National Company Law Tribunal starts liquidation reports against Aviva Life Insurance

The National Company Law Tribunal (NCLT) has acknowledged an appealing counter to the Aviva Life Insurance Company to start bankruptcy accounts and measures against it. This is the reaction towards a demand at the court by the Apeejay Trust, which claims Aviva has not been able to give it license...

NCLT orders Aviva Insurance insolvency proceedings

In a case filed by Apeejay Trust, the National Company Law Tribunal ordered insolvency proceedings against Aviva Life Insurance.

A two-member NCLT Delhi bench consisting of Justice R D Khare and Sumita Purkayastha allowed the complaint against Aviva Life Insurance and also named a quali...