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    <title>2021 (10) TMI 1086 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , PRINCIPAL BENCH , NEW DELHI</title>
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    <description>The Tribunal held that Eastern Embroidery Collections Private Limited (EECPL) is the corporate guarantor of Eastern Overseas and qualifies as a corporate debtor under Sections 3(7) and (8) of the Insolvency and Bankruptcy Code, 2016. The applicable rules are the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016. The Tribunal allowed the appeal, set aside the previous order, and remanded the case to the Adjudicating Authority for a fresh decision within two months.</description>
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      <description>The Tribunal held that Eastern Embroidery Collections Private Limited (EECPL) is the corporate guarantor of Eastern Overseas and qualifies as a corporate debtor under Sections 3(7) and (8) of the Insolvency and Bankruptcy Code, 2016. The applicable rules are the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016. The Tribunal allowed the appeal, set aside the previous order, and remanded the case to the Adjudicating Authority for a fresh decision within two months.</description>
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