Approval of Resolution Plan - The Adjudicating Authority has not ...

Court Orders Reconsideration of Appellant's Claim; Arbitration Award Must Be Considered by Resolution Professional.

February 10, 2022

Case Laws Insolvency and Bankruptcy AT

Approval of Resolution Plan - The Adjudicating Authority has not taken cognizance of the award and rejected the application filed by the Appellant. Since the Appellants claim is also supported by an arbitration award, which has not been considered either by Adjudicating Authority or Resolution Professional. Therefore, it is appropriate that the claim of the Appellant should be reconsidered even based on the arbitration award - The Resolution Professional to consider the claims of the Appellant & to proceed further in accordance with the law. - AT

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Approval of Resolution Plan - The Adjudicating Authority has not ...

Court Orders Reconsideration of Appellant's Claim; Arbitration Award Must Be Considered by Resolution Professional.

February 10, 2022

Case Laws Insolvency and Bankruptcy AT

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