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2022 (8) TMI 179 - DELHI HIGH COURTDemand has been foisted on the petitioner, even though a resolution plan has received the approval of the National Company Law Tribunal, Delhi Bench - HELD THAT:- The record shows, that a resolution plan concerning JSW Steel Ltd. was approved by the NCLT under Section 31 of the Code on 05.09.2019. 12.1. It appears that an appeal was carried to the National Company Law Appellate Tribunal [NCLAT], which affirmed the resolution plan via order dated 17.02.2020 with slight modifications. In terms of the approved resolution plan, the creditors of JSW Steel Ltd. were paid on 26.03.2021 - it is clear that if we were to reprise the resolution plan, it would result in burdening the petitioner with unexpected claims, and thus derail it from its path to recovery. Petition allowed.
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