2018 (11) TMI 251

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....cy) No. 466 of 2018 - -<br>Insolvency & Bankruptcy<br>Mr S.J. Mukhopadhaya, Chairperson And Mr Bansi Lal Bhat, Member (Judicial) For The Appellant : Mr. Abhijit Sinha, Mr. Arijit Mazumdar, Mr. Shambo Nandy, Mr. Saikat Sarkar, Mr. Akshay Chandna and Mr. Aditya Shukla, Advocates Mr. Diwakar Maheshwari, Mr. Aditya V. Singh and Ms. Sreyas Edupuganti, Advocates For The Respondents : Mr. Arun Kath....

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....lan was approved by the Adjudicating Authority (National Company Law Tribunal), Kolkata Bench, Kolkata by order dated 22nd June, 2018. The main grievance was that the appellant - 'SREI Infrastructure Finance Ltd.' has not been treated equally with other 'Financial Creditors'. If it would have been treated equally, the appellant would be entitled for further sum of Rs. 94 Lakhs approximately. In....

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....yment to the Financial Creditors shall be made as per the approved Resolution Plan. 8. That this payment of INR 94 lacs will be made without prejudice to Respondent No. 19's rights and contentions on merits. This payment is being made in the best interest of the Corporate Debtor i.e. OMML and all its stakeholders so that implementation of the approved Resolution Plan can be done by all co....

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.... far it relates to the payment of amount to the appellant - 'SREI Infrastructure Finance Limited' who will be entitled the amount already proposed in the 'resolution plan' plus(+) additional differential amount of Rs. 94 Lakhs, as stated in the affidavit, on the same terms & conditions as proposed in the 'resolution plan'. In view of the aforesaid order, we allow the parties to implement the 'r....