Supreme Court allows appeal & impleadment in Committee of Creditors case. Eligibility under scrutiny.

The Supreme Court granted permission to file the appeal and allowed the application for impleadment in a case where appellants were removed from the Committee of Creditors by the National Company Law Appellate Tribunal. The issue of their eligibility to be part of the Committee of Creditors is pending resolution, with a notice issued to the newly added respondent returnable in four weeks.

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The Supreme Court granted permission to file the appeal and allowed the application for impleadment. The appellants were removed from the Committee of Creditors based on a judgment of the National Company Law Appellate Tribunal. The issue of whether the appellants fulfill the norms to be part of the Committee of Creditors needs to be resolved. Notice was issued to the newly added respondent, returnable in four weeks.

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