Asset Reconstruction Company (India) Ltd. filed an appeal challenging the order dated 28.01.2026 passed by the National Company Law Tribunal, Chandigarh Bench, in I.A. No. 84/2026.

The appellant's claim was rejected by the Resolution Professional, and they have filed I.A. No.83/2026 challenging this rejection.

The appellant argues that if their claim is accepted, it will have more than 67% in the CoC.

The adjudicating authority has directed that the approval of the resolution plan shall be subject to the outcome of I.A. No.83/2026.

I.A.83/2026 has been fixed for 20.04.2026 at 03:00 PM.

Asset Reconstruction Company (India) Ltd. filed an appeal challenging the order dated 28.01.2026 passed by the National Company Law Tribunal, Chandigarh Bench, in I.A. No. 84/2026.

The appellant's claim was rejected by the Resolution Professional, and they have filed I.A. No.83/2026 challenging this rejection.

The appellant argues that if their claim is accepted, it will have more than 67% in the CoC.

The adjudicating authority has directed that the approval of the resolution plan shall be subject to the outcome of I.A. No.83/2026.

I.A.83/2026 has been fixed for 20.04.2026 at 03:00 PM.