Mumbai: NCLT Admits Insolvency Plea Against Dynamix Securities Over ₹518.89-Crore Loan Default
The NCLT Mumbai admitted DB View Infracon’s insolvency petition against Dynamix Securities over a Rs 518.89-crore loan default. The loan was originally sanctioned by Yes Bank in 2014. The tribunal appointed S. Gopalakrishnan as Interim Resolution Professional to oversee the company's insolvency resolution process.