Rejection of interlocutory application for declaring process memorandum for resolution plan incomplete not justified

K.M. Mudappa Vs Sovereign Developers and Infrastructure Ltd. (NCLAT Chennai) NCLAT Chennai held that appeal u/s. 60(5) of I&B Code, 2016 against order rejecting interlocutory application for seeking to declare the process memorandum for Resolution Plan incomplete is hereby allowed. Facts- Company appeal has been preferred by the Appellant / Applicant being aggrieved against the Impugned Order of 13.09.2024, which was passed by the Learned National Company Law Tribunal, Bengaluru Bench in IA No.253/2021, as preferred in CP(IB) No.167/BB/2018. By virtue of the Impugned Order which is under c...