2022 (7) TMI 1359

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....nd-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} [Justice Ashok Bhushan] Chairperson, [Justice M. Satyanarayana Murthy] Member (Judicial) and [Barun Mitra] Member (Technical) For the Appellant: Mr. Kamal Satija, Advocate For th....

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....wing effect:- "11. Thereafter in 21st CoC Meeting dated 21.01.2021, the members of the Committee of Creditors deliberated upon the distribution of Resolution Plan amount in Agenda Item No. 21.04. On the request of the members of the Committee of Creditors. Respondent No.1 shared the consolidated sheet of distribution chart (Annexure A-8), wherein the Resolution Professional, made the calculations as per four different scenarios which are mentioned below:- 1) Plan amount as per claims accepted by RP; 2) Plan amount as per security interest by assuming WCTL and FITL as part of Term Loan; 3) Plan amount if CDR package was assumed to have not been implemented; and 4) Plan amount if CDR package was assumed to have been implemented....