2022 (7) TMI 1538 - AT - Central Excise

Approval of Resolution plan - HELD THAT - Company went to liquidation as the NCLT passed the resolution plan in favour of some other company M/s. SVG Fashions Pvt Ltd. This appeal become infructuous and disposed of accordingly.

Summary

The Appellate Tribunal CESTAT Ahmedabad ruled that the appeal became infructuous as the company went into liquidation following the NCLT passing the resolution plan in favor of M/s. SVG Fashions Pvt Ltd. The appeal was disposed of accordingly.