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IBC 2016: Jurisdiction of NCLT While Adjudicating Resolution Plan
Case Law Details
- Case Name
- Shrawan Kumar Agrawal Consortium Vs. Rituraj Steel Private Limited (NCLAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- NCLAT
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Shrawan Kumar Agrawal Consortium Vs. Rituraj Steel Private Limited (NCLAT Delhi)
National Company Law Appellate Tribunal (NCLAT) recently decided an interesting question that whether the Adjudicating Authority (NCLT) has exceeded its jurisdiction in passing order for re-bidding, despite the approval of the Resolution Plan by Committee of Creditors (CoC), with a vote share of 84.70% of votes? in bunch of appeals in the matter of Shrawan Kumar Agrawal Consortium Vs. Rituraj Steel Private Limited in Company Appeal (AT) (INS) No. 1490 of 2019, 78 of 2020, and 184 of 2020 dispos...
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