https://www.taxtmi.com/caselaws?id=402721 The court dismissed the petition as premature due to ongoing proceedings before the NCLT for Respondent Nos. 5 and 6. It was ruled that the NCLT should assess applications under Section 25(2)(j) and their impact on Resolution Plans in accordance with Section 29A. The petitioner was granted the liberty to pursue appropriate legal action at the suitable stage. No costs were awarded in the matter. en-us Mon, 04 Jan 2021 00:00:00 +0530 Mon, 11 Jan 2021 08:05:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402721 The court dismissed the petition as premature due to ongoing proceedings before the NCLT for Respondent Nos. 5 and 6. It was ruled that the NCLT should assess applications under Section 25(2)(j) and their impact on Resolution Plans in accordance with Section 29A. The petitioner was granted the liberty to pursue appropriate legal action at the suitable stage. No costs were awarded in the matter. Case-Laws Insolvency and Bankruptcy Mon, 04 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402721