2018 (8) TMI 1956

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....Pvt. Ltd., Royal Construction Versus Vedanta Ltd., Electrosteel Steels Ltd. & Ors.<br>Insolvency and Bankruptcy<br>2018 (8) TMI 1956 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI - TMI<br>NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI - AT (Judgement / Order / Decisions)<br>Dated:- 20-8-2018<br>Company Appeal (AT) (Insolvency) No. 265 of 2018, 402 of 2018, 414 of 2018, 418 of 2018, 419....

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....s ORDER These appeals have been preferred by the 'Operational Creditors' with the grievance that the 'Resolution Plan' submitted by the 'resolution applicant' has not taken proper care of the 'Operational Creditors'. Learned counsel for the appellants submitted that the minimum amount prescribed under Section 30(2)(b) of the I&B Code does not mean that the liquidation value is to be provi....