The case involves an appeal against an order dated 23rd April 2019 passed by the Adjudicating Authority (National Company Law Tribunal), Principal Bench, New Delhi, in (IB)-202(PB)/2017. The Committee of Creditors of Bhushan Power and Steel Limited, through State Bank of India, filed the appeal. The matter was previously remitted back to the Adjudicating Authority for reconsideration of the Resolution Plan submitted by JSW Steel. The Hon'ble High Court of Punjab and Haryana passed certain directions on 18th April, 2019, which led to the current appeal.
The Committee of Creditors of Bhushan Power and Steel Limited, through State Bank of India, filed an appeal against an order dated 23rd April 2019 passed by the Adjudicating Authority (National Company Law Tribunal), Principal Bench, New Delhi. The matter was previously remitted to the Adjudicating Authority for reconsideration of the Resolution Plan submitted by JSW Steel. The Hon'ble High Court of Punjab and Haryana passed certain directions on 18th April, 2019, in CWP No.10325 of 2019, directing the Adjudicating Authority to follow certain procedures. Ravi Prakash Goyal and Sanjay Singal, erstwhile Directors and Promoters of Bhushan Power and Steel Limited, opposed the prayer. The High Court's order was passed ex-parte without notice to the Respondent-Punjab
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Order passed by the Adjudicating Authority…
Appellate Tribunal passed an order in Company…
The case involves an appeal against an order dated 23rd April 2019 passed by the Adjudicating Authority (National Company Law Tribunal), Principal Bench, New Delhi, in (IB)-202(PB)/2017. The Committee of Creditors of Bhushan Power and Steel Limited, through State Bank of India, filed the appeal. The matter was previously remitted back to the Adjudicating Authority for reconsideration of the Resolution Plan submitted by JSW Steel. The Hon'ble High Court of Punjab and Haryana passed certain directions on 18th April, 2019, which led to the current appeal.
The Committee of Creditors of Bhushan Power and Steel Limited, through State Bank of India, filed an appeal against an order dated 23rd April 2019 passed by the Adjudicating Authority (National Company Law Tribunal), Principal Bench, New Delhi. The matter was previously remitted to the Adjudicating Authority for reconsideration of the Resolution Plan submitted by JSW Steel. The Hon'ble High Court of Punjab and Haryana passed certain directions on 18th April, 2019, in CWP No.10325 of 2019, directing the Adjudicating Authority to follow certain procedures. Ravi Prakash Goyal and Sanjay Singal, erstwhile Directors and Promoters of Bhushan Power and Steel Limited, opposed the prayer. The High Court's order was passed ex-parte without notice to the Respondent-Punjab
…Order passed by the Adjudicating Authority…
Appellate Tribunal passed an order in Company…