2023 (10) TMI 1305

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..... tional creditors - HELD THAT:- The learned Senior Advocate appearing for the respondent - Kanoria Chemicals and Industries Ltd. states that in view of the order passed today, they will not press the contempt petition. Appeal disposed off. - Hon'ble Mr. Justice Sanjiv Khanna And Hon'ble Mr. Justice S.V.N. Bhatti For the Appellant(s) : Mr. Maninder Singh, Sr. Adv., Mr. Amar Dave .....

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..... a Chemicals and Industries Ltd. under one of the categories of operational creditors, in terms of the resolution plan, the impugned judgment records as under: 30. .. (i) . Therefore, the Applicant should be paid an amount equal to the amount permissible to the operational creditor receiving maximum percentage of payment against admitted claim, from among all the various categories of ope .....

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..... al. All pleas and contentions including the contention of the appellants that the resolution plan has been substantially implemented, are left open. The learned Senior Advocate appearing for the respondent - Kanoria Chemicals and Industries Ltd. states that in view of the order passed today, they will not press the contempt petition. The appeal is disposed of in the above terms. Pending a .....

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