9911796707
TMI Blog2019 (8) TMI 1925X X X X Extracts X X X X X X X X Extracts X X X X ..... ency) No. 657 of 2019 - - X X X X Extracts X X X X X X X X Extracts X X X X ..... 'Committee of Creditors' approved the same by 77.08% voting share. 3. Learned counsel appearing on behalf of the Appellant submitted that the impugned order approving the 'resolution plan' submitted by consortium of the 3rd and 4th Respondent amounts to accepting 95.2% waiver/haircut of the dues. The assignor of the Appellant i.e. Dena Bank, recorded its dissent against the haircut of more than 9 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d. 5. Learned counsel for the Appellant - 'assignee of Dena Bank' further submitted that the Appellant is the only 'Financial Creditor' holding exclusive mortgage and cannot be treated at par with other 'Financial Creditors'. Reliance has been placed on the decision of this Appellate Tribunal in 'Binani Industries Limited vs. Bank of Baroda & Anr.' - '2018 SCC OnLine NCLAT 565' to suggest that th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 'employees', 'related parties' and the 'statutory dues' as also viability and feasibility of the 'resolution plan', the impugned order of approval has been passed by the Adjudicating Authority. 7. We find no substance in the grievances being made by the Appellant. In absence of any discrepancies or discrimination, this Appellate Tribunal is not inclined to interfere with the impugned order. The ..... X X X X Extracts X X X X X X X X Extracts X X X X
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