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Insolvency and BankruptcyApril 23, 2022Case LawsAT
Direction to Resolution Professional (RP) to complete the process of voting on the resolution plan under consideration - There is sufficient reason for the Appellant/PNB to be aggrieved since it had prayed for a position in the CoC with a higher voting share and carrying out of voting without deciding its IA No. 1078/2021 affects its interest. Therefore, it is well within its right to assail the impugned order through the present appeal. - AT
Direction to Resolution Professional (RP) to complete the process of voting on the resolution plan under consideration - There is sufficient reason for the Appellant/PNB to be aggrieved since it had prayed for a position in the CoC with a higher voting share and carrying out of voting without deciding its IA No. 1078/2021 affects its interest. Therefore, it is well within its right to assail the impugned order through the present appeal. - AT
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