Steel Company's Resolution Plan Review Pending; Jurisdiction of Punjab and Haryana High Court Not Yet Determined by NCLT Principal Bench.

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Full Text of the Document

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....Consideration of the ‘Resolution Plan’ submitted by ‘JSW Steel’ - not expressing any opinion as to how the P & H High Court can pass an order, which has no territorial jurisdiction over Delhi, where Pr. Bench of NCLT, New Delhi is situated - directed the Adjudicating Authority to decide the case on merit in accordance with law uninfluenced by any order except the decision of this NCLAT and the Supreme Court....