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2021 (3) TMI 1240 - SC - Insolvency and BankruptcyWhether the order of the NCLT will have any bearing on the requisite majority required to pass a Resolution Plan under the provisions of Section 30(4) of the Insolvency and Bankruptcy Code 2016? - HELD THAT:- The Resolution Plan has been approved by 100% of the voting share of the Committee of Creditors, a fact highlighted by Mr Neeraj Kishan Kaul, learned senior counsel for the respondents. Since the issue has been raised during the course of the submissions, we permit the appellant, in terms as requested before the Court, to file an affidavit disclosing the order of the NCLT and the impact, if any, on the majority required for passing a Resolution Plan. This shall be done on or before 13 March 2021 - List the Civil Appeal on 18 March 2021.
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