2020 (5) TMI 207

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..... Appellant(s) : Mr. Mukul Rohatgi, Sr. Adv., Mr. Sanjay Kapur, AOR, Mr. V.M. Kannan, Adv. And Ms. Shubhra Kapur, Adv. For the Respondent(s) : Mr. K.V. Viswanathan, Sr. Adv., Mr. P. V. Dinesh, AOR, Ms. Sindhu T.P., Adv., Mr. Ashwini Kumar Singh, Adv., Mr. Mukund P. Unny, adv., Mr. Bineesh K., Adv., Mr. Akshat Goel, AOR, Ms. Rohini Musa, AOR, Mr. Manoj Menon, Adv., Mr. Ravi Raghunath, Adv., Mr. Rag .....

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..... licant has to match liquidation value arrived at in the manner provided in Clause 35 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. This point has been dealt with in the case of Essar Steel (supra). We have quoted about the relevant passages from this judgment." Accordingly, the appeal is allowed and the judgment of the NCL .....

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