Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2022 (1) TMI 1256

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... icating Authority has rightly observed that for not to disturb level playing field, the other resolution applicants were also permitted to give modifications of the resolution plan. Learned Counsel for the Appellant submits that the Regulation 39(1A) as amended on 30th September, 2021 was not applicable and Resolution Professional has wrongly said that said Regulation is applicable. There are n .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nt/Appellant has been decided by the Adjudicating Authority (National Company Law Tribunal, Allahabad Bench, Allahabad). The Adjudicating Authority passed the following Order: ......... Therefore, the ends of justice will be met if we direct the applicant herein to place the affidavits at Page Nos. 290 to 298 alongwith the covering letter addressed to the sole member of the CoC for consider .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... odifications of the resolution plan. 4. Mr. Abhijeet Sinha, Advocate appearing on behalf of Respondent submits that in pursuance of the Order dated 13.12.2021 the Applicant did submit plan on 15th December, 2021 which has been considered by Committee of Creditors on 21st December, 2021. 5. Learned Counsel for the Appellant submits that the Regulation 39(1A) as amended on 30th September, 2021 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates