NCLT Grants 90-Day Extension for EOI Re-publication to Maximize Corporate Debtor Value, Appellate Tribunal Supports Decision.

Submission of Resolution Plan - NCLT allowed the request for Extension/ exclusion of 90 days for re-publication of invitation for the Expression of Interest (EOI) (Form-G). - the CoC took a decision to issue fresh Form-G to give opportunity to all with the object of maximizing the value of Corporate Debtor - there are no error in the impugned order, warranting interference by this Appellate Tribunal in exercise of its appellate jurisdiction. - AT .....

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