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    <title>2019 (1) TMI 1507 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI</title>
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    <description>The Appellate Tribunal upheld the legality of the assignments made by &#039;Synergies Castings Limited&#039; to &#039;Millennium Finance Limited&#039; and the order approving the &#039;Resolution Plan&#039; submitted by &#039;Synergies Castings Limited&#039;. The Tribunal dismissed the appeals filed by &#039;Edelweiss Asset Reconstruction Company Limited&#039;, finding no merit in their arguments. The Tribunal concluded that the assignments were executed legally, and the &#039;Resolution Plan&#039; was in accordance with the provisions of the I&amp;amp;B Code and other applicable laws.</description>
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      <description>The Appellate Tribunal upheld the legality of the assignments made by &#039;Synergies Castings Limited&#039; to &#039;Millennium Finance Limited&#039; and the order approving the &#039;Resolution Plan&#039; submitted by &#039;Synergies Castings Limited&#039;. The Tribunal dismissed the appeals filed by &#039;Edelweiss Asset Reconstruction Company Limited&#039;, finding no merit in their arguments. The Tribunal concluded that the assignments were executed legally, and the &#039;Resolution Plan&#039; was in accordance with the provisions of the I&amp;amp;B Code and other applicable laws.</description>
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