Impleadment application of Operational Creditor allowed as CIRP against Corporate Debtor closed

Sathya Moorthy Sai Prasad Vs Shapoorji Pallonji and Company Pvt. Ltd. & Anr. (NCLAT Chennai) NCLAT Chennai allowed impleadment application of Operational Creditor as CIRP proceedings was initiated against Corporate Debtor by another Creditor and the said CIRP was closed. Facts- M/s RDC Concrete India Pvt. Ltd. filed an application before the NCLAT for its impleadment as a party in the matter of M/s Ozone Projects Pvt. Ltd. (Corporate Debtor). The reason for implement, which has been mentioned in the application is that, during the course of business of the Corporate Debtor, there have been...