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The Siasat Daily

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Congress MLC faces uncertainty after NCLT insolvency order

Bengaluru: Karnataka Congress MLC Naseer Ahmed is facing a major legal and political setback after the National Company Law Tribunal (NCLT), Bengaluru Bench, declared him insolvent in a case linked to an alleged loan default of Rs 1,454 crore by Bengaluru-based Scotts Garments Limited. The tribunal passed the order while hearing a petition filed by Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .

12 Jun 2026 7:02 pm