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Punjab State Power Corp’s Revised Form-H Approved Amid Original Form Discrepancy & RP’s Medical Emergency
Case Law Details
- Case Name
- Axis Bank Limited Vs GVK Power (Goindwal Sahib) Ltd (NCLT Hyderabad)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
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- NCLT
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Axis Bank Limited Vs GVK Power (Goindwal Sahib) Ltd (NCLT Hyderabad)
Revised Form-H submitted by Punjab State Power Corporation Limited was approved due to inconsistency in original Form-H and medical emergency of Resolution Professional (RP)
Conclusion: Due to inconsistency in the original Form-H, the revised Form-H submitted by Punjab State Power Corporation Limited (“Successful Resolution Applicant”) along with annexure, schedules forming part of the Resolution Plan annexed to the Application and order as under and shall be binding on the Corporate Debtor, its employees, members, credit...
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