IBC 2016: Jurisdiction of NCLT While Adjudicating Resolution Plan

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 Please become a Premium member. If you are already a Premium member, login here to access the full content.