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2021 (10) TMI 1233 - NATIONAL COMPANY LAW TRIBUNAL , GUWAHATI BENCHJurisdiction - competence of suspended management of the CD to file Composite Resolution Plan - HELD THAT:- The CD is an MSME Unit and the Hon'ble NCLAT has passed an order in this regard holding that there is no harm in giving an opportunity to the MSME in accordance with the provisions of the Code for keeping the promotion of entrepreneurship alive. Section 29 A of IBC provides for the eligibility of Resolution Applicant and Section 240 A explains how IBC code is applicable to MSMEs - One Resolution plan has been approved by the COC and placed before this bench and the Applicant has filed this Petition as a matter of abundant caution. There are no merits in the petition - petition dismissed.
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