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    <title>2023 (3) TMI 1411 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, CHENNAI</title>
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    <description>The Tribunal dismissed the appeal, ruling that the Petitioner/Appellant, an Unsuccessful Resolution Applicant, lacked the standing to challenge the approval of the Resolution Plan under the I &amp;amp; B Code, 2016. The Tribunal held that the Petitioner/Appellant was neither a Stakeholder nor an Aggrieved Person and had participated in the revision process of the Resolution Plan, precluding them from challenging the selection process later. Consequently, the appeal was rejected, and the related pending applications were closed.</description>
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      <description>The Tribunal dismissed the appeal, ruling that the Petitioner/Appellant, an Unsuccessful Resolution Applicant, lacked the standing to challenge the approval of the Resolution Plan under the I &amp;amp; B Code, 2016. The Tribunal held that the Petitioner/Appellant was neither a Stakeholder nor an Aggrieved Person and had participated in the revision process of the Resolution Plan, precluding them from challenging the selection process later. Consequently, the appeal was rejected, and the related pending applications were closed.</description>
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