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NCLAT gives go ahead to NCLT Mumbai to decide on Adani Ports' bid for Dighi Port

18 Oct 2019 Evaluate

The National Company Law Appellate Tribunal (NCLAT) has given its go ahead to the National Company Law Tribunal (NCLT) Mumbai to decide on Adani Ports and Special Economic Zone’s (APSEZ) bid for Dighi Port. However, the outcome would be subject to its final order.

APSEZ is part of Adani Group with businesses spanning coal trading, coal mining, oil & gas exploration, ports, multi-modal logistics, power generation & transmission and gas distribution. APSEZ represents a large network of ports with India’s largest Special Economic Zone (SEZ) at Mundra.

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