Many companies who take loans are unable to repay it and have to either face the lender’s recovery cycles or be stuck in the ever-burdened system of litigation. This is where mediation can come as a big relief for these debtors
The Allahabad High Court on Monday has stayed the Debt Recovery Appellate Tribunal Prayagraj order of the auction of Mount Litera Zee School Jhunsi, affiliated to the CBSE, which was due to be held on Tuesday.