https://www.taxtmi.com/caselaws?id=381562 The Tribunal upheld the rejection of Edelweiss Asset Reconstruction Company Limited's claim as a Financial Creditor and its Resolution Plan, favoring Ghanashyam Mishra & Sons Private Limited's plan. Sundargarh Mines & Transport Workers Union's claims regarding workers' dues were dismissed, with the Tribunal suggesting pursuing relief through other legal avenues. The State of Jharkhand's challenge as a secured creditor was not addressed due to the absence of an appeal. The Tribunal clarified the nature of the State's dues as operational debt and imposed no costs. en-us Tue, 23 Apr 2019 00:00:00 +0530 Thu, 18 Nov 2021 14:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381562 The Tribunal upheld the rejection of Edelweiss Asset Reconstruction Company Limited's claim as a Financial Creditor and its Resolution Plan, favoring Ghanashyam Mishra & Sons Private Limited's plan. Sundargarh Mines & Transport Workers Union's claims regarding workers' dues were dismissed, with the Tribunal suggesting pursuing relief through other legal avenues. The State of Jharkhand's challenge as a secured creditor was not addressed due to the absence of an appeal. The Tribunal clarified the nature of the State's dues as operational debt and imposed no costs. Case-Laws Insolvency and Bankruptcy Tue, 23 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381562