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    <title>2017 (12) TMI 651 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI</title>
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    <description>The tribunal allowed the substitution of the appellant and respondent in the petition, directing corrections in the cause title. It upheld the application filed by the Deputy General Manager of the Bank under Section 7 of the Insolvency &amp;amp; Bankruptcy Code, rejecting the appellant&#039;s argument against filing by a Power of Attorney holder. The tribunal clarified that the designation as Power of Attorney does not affect the officer&#039;s authority. It dismissed the appeal challenging the Adjudicating Authority&#039;s treatment of the 1st respondent as a secured creditor, deeming certain observations irrelevant and dismissing the appeal without costs.</description>
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    <pubDate>Thu, 16 Nov 2017 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=352382</link>
      <description>The tribunal allowed the substitution of the appellant and respondent in the petition, directing corrections in the cause title. It upheld the application filed by the Deputy General Manager of the Bank under Section 7 of the Insolvency &amp;amp; Bankruptcy Code, rejecting the appellant&#039;s argument against filing by a Power of Attorney holder. The tribunal clarified that the designation as Power of Attorney does not affect the officer&#039;s authority. It dismissed the appeal challenging the Adjudicating Authority&#039;s treatment of the 1st respondent as a secured creditor, deeming certain observations irrelevant and dismissing the appeal without costs.</description>
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      <pubDate>Thu, 16 Nov 2017 00:00:00 +0530</pubDate>
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