2018 (8) TMI 1956

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..... vt. Ltd., Royal Construction Versus Vedanta Ltd., Electrosteel Steels Ltd. & Ors. - 2018 (8) TMI 1956 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI - TMI - Approval of Resolution Plan - case of Operational Creditors is that the Resolution Plan submitted by the resolution applicant has not taken proper care of the Operational Creditors - it is submitted that the Operational Creditors .....

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..... nsolvency) No. 265 of 2018, 402 of 2018, 414 of 2018, 418 of 2018, 419 of 2018, 421 of 2018, 422 of 2018, 361 of 2018, 362 of 2018, 362 of 2018, 364 of 2018, 365 of 2018, 396 of 2018, 397 of 2018, 398 of 2018, 399 of 2018 - - - Dated:- 20-8-2018 - Justice S.J. Mukhopadhaya, Chairperson AND Justice A.I.S. Cheema, Member (Judicial) For the Appellant: Mr. Saurav Gupta and Mr. Divyanshu Rai, Ad .....

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..... of the I B Code does not mean that the liquidation value is to be provided to the Operational Creditors . It is also submitted that the Operational Creditors were not noticed nor heard by the Committee of Creditors . Mr. Arun Kathpalia, learned Senior Counsel appearing on behalf of the respondent - successful Resolution Applicant submits that the debt of the Operational Creditors were .....

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