2021 (10) TMI 1288
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....a, Adv., Mrs. Shubhra Kapur, Adv., Ms. Monali Taunk, Adv., Ms. Archana Pathak Dave, AOR, Mr. Mithilesh Kumar Pandey, Adv. R-7 Mr. Ankur Mittal, Adv., Ms. Nidhi Mittal, Adv., Ms. Meera Murali, Adv. R-9 Mr. Atul Kumar, Adv., Mr. Tarun Gupta, AOR, Mr. Gaurav Gupta, Adv. Mr. Nikhil Kohli, Adv., Dr.(Mrs.) Cipin gupta, AOR. ORDER Applications for permission to file additional documents, exemption from filing affidavit(s) and application under order LV to take on record convenience compilation are allowed. IA NOS. 115627/2020- DIRECTIONS, IA NO. 42855/2021- EARLY HEARING The applications for early hearing of appeal/ directions are disposed of as the appeal is taken up for hearing. IA No. 138207/2021- IMPLEAMDENT Application has bee....
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....at is treated as a conditional approval, the benchmark of 75% of the creditors approving the plan as on that date is not met. The course of action, he suggests, ought to have been to take the conditional approval before the Committee of Creditors (COC) as it is apparent from the minutes of the consortium meeting held on 27.03.2018 (page 232)(as per respondent No. 3 sought to be disputed) that all consortium members objected to the conditional assent of Bank of Maharashtra which had voting rights of 5.37% and wanted a similar concession in their Resolution Plan if the aforesaid aspect was forming part of the Plan. On the other hand, learned counsels appearing for respondent Nos. 1 and 3 sought to contend that the letter of Bank of Maharasht....