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2020 (1) TMI 1386 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHIArrangement/agreement with the 'Corporate Debtor' for purchase of a part of the Gala (Project) - Sub-section (3) of section 61 of the 'I&B Code' - HELD THAT:- In both the appeals as the Appellant(s) have failed to make out any of the grounds as mentioned in Section 61(3), we are not inclined to interfere with the plan approved by the Adjudicating Authority. This apart, in absence of any privity of contract between the Appellant(s) and the 'Corporate Debtor', no relief can be granted. Appeal dismissed.
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