<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2022 (10) TMI 811 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , PRINCIPAL BENCH , NEW DELHI</title>
    <link>https://www.taxtmi.com/caselaws?id=429253</link>
    <description>The Adjudicating Authority&#039;s approval of the Resolution Plan in Company Appeal (AT) (Insolvency) No. 572 of 2021 was upheld, with the Tribunal finding no grounds for interference. The Appellant&#039;s failure to submit its claim as required within the specified timeframe resulted in its claim being categorized under &#039;L&#039;. The Resolution Plan, approved with 100% voting share by the Committee of Creditors, was deemed binding on all stakeholders and compliant with relevant regulations. Consequently, the appeal was dismissed, no costs were awarded, and any pending applications were closed.</description>
    <language>en-us</language>
    <pubDate>Thu, 20 Oct 2022 00:00:00 +0530</pubDate>
    <lastBuildDate>Fri, 21 Oct 2022 07:25:22 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=693869" rel="self" type="application/rss+xml"/>
    <item>
      <title>2022 (10) TMI 811 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , PRINCIPAL BENCH , NEW DELHI</title>
      <link>https://www.taxtmi.com/caselaws?id=429253</link>
      <description>The Adjudicating Authority&#039;s approval of the Resolution Plan in Company Appeal (AT) (Insolvency) No. 572 of 2021 was upheld, with the Tribunal finding no grounds for interference. The Appellant&#039;s failure to submit its claim as required within the specified timeframe resulted in its claim being categorized under &#039;L&#039;. The Resolution Plan, approved with 100% voting share by the Committee of Creditors, was deemed binding on all stakeholders and compliant with relevant regulations. Consequently, the appeal was dismissed, no costs were awarded, and any pending applications were closed.</description>
      <category>Case-Laws</category>
      <law>Insolvency and Bankruptcy</law>
      <pubDate>Thu, 20 Oct 2022 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=429253</guid>
    </item>
  </channel>
</rss>