2019 (2) TMI 1824

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..... g application - Approval of Resolution Plan - section 30 of the Insolvency and Bankruptcy Code, 2016 - HELD THAT:- It is a matter of record that on same issue/subject an appeal was preferred by the same applicant, which is already disposed of by this Bench, in ESSAR STEEL ASIA HOLDINGS LTD. AND OTHERS VERSUS SATHISH KUMAR GUPTA, RESOLUTION PROFESSIONAL AND OTHERS [ 2019 (1) TMI 1741 - NATIONAL COM .....

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..... lon , Sahil Shah , Gautam (S.) and Parth Shah instructed by Cyril Amarchand Mangaldas ORDER The parties are represented through their respective learned counsel(s). 1. We heard learned counsels at length appearing for the applicant as well as the respondent on maintainability as well as on merits of the present application. 2. By this instant application, the applicant, i. e., Essar Steel Asia .....

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..... posed of by this Bench, by its order dated January 29, 2019-(Essar Steel Asia Holdings Ltd. v. Sathish Kumar Gupta, Resolution Professional [2020] 9 Comp Cas- OL 466 (NCLT)), wherein, it is held that shareholders of a corporate debtor company many not be treated as participant in the CIRP. Hence, the pre- sent application as filed before this Bench by the shareholder of the company is not maintain .....

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