https://www.taxtmi.com/caselaws?id=290217 The National Company Law Appellate Tribunal addressed the appointment of a retired Supreme Court Judge to supervise the Resolution Process involving the Union of India and Infrastructure Leasing & Financial Services Ltd. Both parties agreed to the appointment, and the Tribunal allowed them to contact Hon'ble Justice (Retd.) D.K. Jain for consent and engagement terms. Lists of companies incorporated in India and other countries were required, categorized into 'Green', 'Amber', and 'Red', with notification on the IL & FS website. Intervention applications by Financial Creditors and Operational Creditors were permitted for filing by a specified date for future consideration, aiming to enhance transparency and fairness in the Resolution Process. en-us Mon, 04 Feb 2019 00:00:00 +0530 Tue, 15 Sep 2020 10:43:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290217 The National Company Law Appellate Tribunal addressed the appointment of a retired Supreme Court Judge to supervise the Resolution Process involving the Union of India and Infrastructure Leasing & Financial Services Ltd. Both parties agreed to the appointment, and the Tribunal allowed them to contact Hon'ble Justice (Retd.) D.K. Jain for consent and engagement terms. Lists of companies incorporated in India and other countries were required, categorized into 'Green', 'Amber', and 'Red', with notification on the IL & FS website. Intervention applications by Financial Creditors and Operational Creditors were permitted for filing by a specified date for future consideration, aiming to enhance transparency and fairness in the Resolution Process. Case-Laws Companies Law Mon, 04 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290217