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    <title>2020 (8) TMI 297 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI</title>
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    <description>The Tribunal allowed the appeal, setting aside the Impugned Order and remitting the matter back to the Adjudicating Authority. The Adjudicating Authority was directed to send back the Resolution Plan to the COC for resubmission, considering the Tribunal&#039;s observations and ensuring compliance with the parameters laid down by the Supreme Court in the &quot;Essar Steel&quot; judgment and the IBC. The Adjudicating Authority was instructed to specify a time period for the RP to place the matter before the COC for resubmission of the Resolution Plan. The appeal was disposed of with no costs.</description>
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      <link>https://www.taxtmi.com/caselaws?id=397354</link>
      <description>The Tribunal allowed the appeal, setting aside the Impugned Order and remitting the matter back to the Adjudicating Authority. The Adjudicating Authority was directed to send back the Resolution Plan to the COC for resubmission, considering the Tribunal&#039;s observations and ensuring compliance with the parameters laid down by the Supreme Court in the &quot;Essar Steel&quot; judgment and the IBC. The Adjudicating Authority was instructed to specify a time period for the RP to place the matter before the COC for resubmission of the Resolution Plan. The appeal was disposed of with no costs.</description>
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