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2020 (3) TMI 1365 - AT - Companies LawValidity of approved Resolution Plan - HELD THAT:- The ‘Resolution Plan’ has been approved by the Adjudicating Authority (National Company Law Tribunal), Mumbai Bench by impugned order dated 26th November, 2019. The free certified copy of the impugned order having been issued on 21st February, 2020, the Appeal is within time - However, no prima-facie case seems to have been made out by the Appellant to suggest violation of any of the grounds shown in Clause (3) of Section 61 of the Insolvency and Bankruptcy Code, 2016. Merely because Enforcement Directorate had taken steps against the erstwhile Promoters of the ‘Corporate Debtor’, cannot be a ground for interference against the order of approval of ‘Resolution Plan’ - Post the case ‘for admission (fresh case)’ on 26th March, 2020.
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