"The NCLT only adjudicates based on admitted dues and cannot be made to conduct the proceedings by way of a detailed trial to ascertain the amount of debt claimed," said Yogendra Aldak, partner at law firm Lakshmikumaran & Sridharan Attorneys. "Hence, in cases of pre-existing disputes between an operational creditor and a corporate debtor, instead of approaching the NCLT, the operational creditor should choose other avenues including but not limited to civil suits or arbitration as the case may be."

Dilip Buildcon's orderbook also moderated sequentially to Rs 23,988.60 crore in July-September largely dragged by lower spending in road infrastructure on the back of the monsoon season.

In the last six months, the shares of the company have given a 78 per cent return.

#DBLUpdated signal received from the system for educational purposes:SL revised above the cost + profit @ 308https://front.page/positional-b

The share touched a 52-week high of Rs 347.80 and a 52-week low of Rs 159.70 on 02 August, 2023 and 19 May, 2023, respectively.

The automaker is planning capital expenditure amounting to approximately Rs 1.25 lakh crore until 2030-31. The expansion plan involves expanding its current product lineup from 17 models to 28, while increasing its production capacity.

"Dilip Buildcon has received LOA and signed the agreement for the new project planning, design and construction of dewas III and IV Dams Tehsil- Gogunda Udaipur district in Rajasthan...including 10 years O&M (operations and maintenance)," the statement said.

The share touched a 52-week high of Rs 347.80 and a 52-week low of Rs 159.70 on 02 August, 2023 and 19 May, 2023, respectively.

#DBLUpdated signal received from the system for educational purposes:Target extended from 282 to 355 and SL revised above the cost + profit