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    <title>2019 (7) TMI 1189 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL NEW DELHI</title>
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    <description>The Tribunal dismissed the appeals, ruling that &#039;Jindal Steel and Power Limited&#039; qualifies as a &#039;Financial Creditor&#039;, the Arbitral Award constitutes &#039;financial debt&#039;, the Appellant had not initiated two processes for the same claim, and the appeal under Section 61 was not maintainable by the Appellant. The Tribunal found no merit in the appeals and dismissed them without costs.</description>
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      <description>The Tribunal dismissed the appeals, ruling that &#039;Jindal Steel and Power Limited&#039; qualifies as a &#039;Financial Creditor&#039;, the Arbitral Award constitutes &#039;financial debt&#039;, the Appellant had not initiated two processes for the same claim, and the appeal under Section 61 was not maintainable by the Appellant. The Tribunal found no merit in the appeals and dismissed them without costs.</description>
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