Tribunal dismisses application due to rejected settlement proposals, hindering resolution for Financial Creditor. The Tribunal dismissed the application as two OTS proposals to the Financial Creditor, Punjab National Bank, were rejected, making settlement unlikely. - ...
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tribunal dismisses application due to rejected settlement proposals, hindering resolution for Financial Creditor.
The Tribunal dismissed the application as two OTS proposals to the Financial Creditor, Punjab National Bank, were rejected, making settlement unlikely.
The Tribunal dismissed the application as two OTS proposals to the Financial Creditor, Punjab National Bank, were rejected, making settlement unlikely. (Case Citation: 2021 (2) TMI 1175 - NATIONAL COMPANY LAW TRIBUNAL, NEW DELHI COURT-UE)
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.