Case Law Details
Case Name : Vishwanath Sharma Vs Pawan Kumar Singal (NCLT Delhi)
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NCLT
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Vishwanath Sharma Vs Pawan Kumar Singal (NCLT Delhi)
In relation to repeated assertion made by Senior Counsel Mr. Ganda that without disposing of the Application filed by Dhankalash Distributors Pvt. Ltd in IA-2116/2021 and IA-2184/2021 challenging the constitution of the voting share percentage of the Homebuyers, which will have a significant impact on the voting share percentage of the other financial creditors as well and in relation to the 4th COC meeting convened, this Tribunal is of the view that the same can be effectively considered by the incoming RP in a manner as provided under th...
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INSTANT (: This prima facie but indisputably makes for a significant contribution by NCLT in upholding the vested ‘right to vote’ – in the instant case, of ‘ HOME BUYERS’ ; a development that is bound to bring about an improvement , in the long run, in settling ‘ disputes’ of all kinds between parties to a ‘ contract’ founded on the fulcrum of the Nation’s BASIC CHARTER ; so also on the FIRST PRINCIPLES of the governing LAW and/or the common law PRINCIPLE OF NATURAL JUSTICE !<
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