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    <title>2023 (8) TMI 258 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , PRINCIPAL BENCH , NEW DELHI</title>
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    <description>The tribunal dismissed the appeal, upholding the approval of the plan allocating funds to a secured creditor. The delay in filing the appeal was condoned after the appellant provided valid reasons. The appellant, Department of State Tax, claimed to be a secured creditor entitled to the entire claim, but the tribunal ruled against this based on a previous judgment. The tribunal concluded that the appellant was not a secured creditor and that the allocation of funds did not breach the law, ultimately dismissing the appeal in line with precedent.</description>
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    <pubDate>Wed, 26 Jul 2023 00:00:00 +0530</pubDate>
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      <title>2023 (8) TMI 258 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , PRINCIPAL BENCH , NEW DELHI</title>
      <link>https://www.taxtmi.com/caselaws?id=441279</link>
      <description>The tribunal dismissed the appeal, upholding the approval of the plan allocating funds to a secured creditor. The delay in filing the appeal was condoned after the appellant provided valid reasons. The appellant, Department of State Tax, claimed to be a secured creditor entitled to the entire claim, but the tribunal ruled against this based on a previous judgment. The tribunal concluded that the appellant was not a secured creditor and that the allocation of funds did not breach the law, ultimately dismissing the appeal in line with precedent.</description>
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      <pubDate>Wed, 26 Jul 2023 00:00:00 +0530</pubDate>
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