https://www.taxtmi.com/caselaws?id=306833 The Supreme Court upheld the Resolution Plan approved by the Committee of Creditors in the case. The National Company Law Appellate Tribunal (NCLAT) was directed to proceed with the appeal on its merits, noting the disputed claims of the Appellant as an Operational Creditor. The NCLAT was instructed to restate the factual position and allow all contentions in ongoing proceedings, emphasizing a fair resolution based on legal rights. The Appellant's claims were found to be subject to arbitration proceedings, with the importance of a just determination highlighted for a lawful resolution of the dispute. en-us Fri, 21 Jan 2022 00:00:00 +0530 Wed, 01 Mar 2023 01:20:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306833 The Supreme Court upheld the Resolution Plan approved by the Committee of Creditors in the case. The National Company Law Appellate Tribunal (NCLAT) was directed to proceed with the appeal on its merits, noting the disputed claims of the Appellant as an Operational Creditor. The NCLAT was instructed to restate the factual position and allow all contentions in ongoing proceedings, emphasizing a fair resolution based on legal rights. The Appellant's claims were found to be subject to arbitration proceedings, with the importance of a just determination highlighted for a lawful resolution of the dispute. Case-Laws Insolvency and Bankruptcy Fri, 21 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306833