Two appeals were filed by ex-employees of the Corporate Debtor challenging an order dated 15/12/2025 passed by the National Company Law Tribunal, Mumbai Bench-I, approving a Resolution Plan.
The appeals were filed by ex-employees of the Corporate Debtor.
The appeals challenged the order dated 15/12/2025 passed by the National Company Law Tribunal, Mumbai Bench-I.
The Adjudicating Authority had allowed the Application and approved the Resolution Plan.
A similar appeal had already been dismissed by the tribunal.
The tribunal noted that the payment made to the employees was more than that paid to the unsecured financial creditor.
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I.A. No. 2237 of 2026: Application praying for…
Order passed by National Company Law Tribunal,…
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Two appeals were filed by ex-employees of the Corporate Debtor challenging an order dated 15/12/2025 passed by the National Company Law Tribunal, Mumbai Bench-I, approving a Resolution Plan.
The appeals were filed by ex-employees of the Corporate Debtor.
The appeals challenged the order dated 15/12/2025 passed by the National Company Law Tribunal, Mumbai Bench-I.
The Adjudicating Authority had allowed the Application and approved the Resolution Plan.
A similar appeal had already been dismissed by the tribunal.
The tribunal noted that the payment made to the employees was more than that paid to the unsecured financial creditor.
I.A. No. 2237 of 2026: Application praying for…
Order passed by National Company Law Tribunal,…
Sign in to view related legal provisions.