This case involves two Company Appeals (AT) (Insolvency) No. 287 of 2020 and No. 327 of 2020 before the National Company Law Appellate Tribunal (NCLAT), New Delhi. The appeals arise from orders passed by the National Company Law Tribunal (NCLT), Mumbai Bench, concerning the implementation of a resolution plan for a corporate debtor. The core issue revolves around the propriety of a reconstituted NCLT bench staying proceedings in a matter where the original bench had already reserved orders. The Monitoring Agency of the Corporate Debtor, Mr. Abhijit Guhathakurta, is the Appellant in Company Appeal No. 287, challenging the NCLT's order. Royale Partners Investment Fund Ltd., the Successful Resolution Applicant, is the Appellant in Company Appeal No. 327, challenging the

This case involves two Company Appeals (AT) (Insolvency) No. 287 of 2020 and No. 327 of 2020 before the National Company Law Appellate Tribunal (NCLAT), New Delhi. The appeals arise from orders passed by the National Company Law Tribunal (NCLT), Mumbai Bench, concerning the implementation of a resolution plan for a corporate debtor. The core issue revolves around the propriety of a reconstituted NCLT bench staying proceedings in a matter where the original bench had already reserved orders. The Monitoring Agency of the Corporate Debtor, Mr. Abhijit Guhathakurta, is the Appellant in Company Appeal No. 287, challenging the NCLT's order. Royale Partners Investment Fund Ltd., the Successful Resolution Applicant, is the Appellant in Company Appeal No. 327, challenging the