NCLT has jurisdiction to remit resolution plan for reconsidering amendments requested by successful resolution applicant

Ocean Capital Market LTD. Vs Uday Narayan Mitra (NCLAT Delhi) NCLAT Delhi held that there is NCLT (National Company Law Tribunal) has jurisdiction to remit the plan for reconsidering the amendment which the Successful Resolution Applicant himself was requesting to be carried out. Facts- The present appeal has been filed by the Successful Resolution Applicant challenging the order passed by the Adjudicating Authority (National Company Law Tribunal), by which order the application filed by the Resolution Professional for approval of the Resolution Plan of the Appellant has been rejected and the ...