2019 (8) TMI 1455

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..... order or clarification is required to be made. However, Appellant will not take any action which, in effect, will annul the Resolution Plan. It will be also open to the parties to reach an amicable settlement in terms of the Resolution Plan. Appeal disposed off. - Company Appeal(AT)(Insolvency) No. 808 of 2019 - - - Dated:- 7-8-2019 - Justice S.J. Mukhopadhaya (Chairperson), Justice A.I .....

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..... Learned Counsel appearing on behalf of Appellant- Municipal Corporation of Greater Mumbai submits that although it has no grievance with Resolution Plan, which has been approved by the Adjudicating Authority, but certain clarifications are required with regard to the land on which the Hospital Seven Hills Healthcare Pvt. Ltd. ( Corporate Debtor ) is functioning. It is stated that the land belon .....

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..... the Resolution Plan. 4. In view of such statement made by the learned Counsel for the successful Resolution Applicant, no further order or clarification is required to be made. However, Appellant will not take any action which, in effect, will annul the Resolution Plan. It will be also open to the parties to reach an amicable settlement in terms of the Resolution Plan The appea .....

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