# In the matter of Mahesh Ganpat Angane & Ors vs. Dr. Mamta Binani and Anr.

> NCLAT judgment dated 2026-04-08. Citation: TCN-2026-NCLAT-00067. Two appeals were filed by ex-employees of the Corporate Debtor challenging an order dated…

- **Court:** NCLAT
- **Order date:** 8 Apr 2026
- **Citation:** TCN-2026-NCLAT-00067
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/mahesh-ganpat-angane-ors-vs-dr-mamta-binani-and-anr-2a2b772a

## Summary

### Background

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.

## Facts

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.

## Issues and analysis

### Issue 1: Whether the Adjudicating Authority's approval of …

**Ratio:** Approval of the Resolution Plan can be interfered with by the Adjudicating Authority when

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**Reasoning:** The entitlement of operational creditor

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**Interpretation:** The court interprets Section 30(2)(b) to mean that the resolution plan should

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**Application:** The court applied this interpretation to the facts of the case and found that

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## Parties

- **Judges:** Ashok Bh…; Indevar P…
- **Appellants:** Mahesh Ganpat…; Vijay Vaman…
- **Respondents:** Mamta Binani and…
- **Advocates:** Mayank Kshi…; Pavani…; +2 more

## Timeline

- **2026-04-08 — Order…**: I.A. No. 2237 of 2026: Application praying for condonation of 8 days delay in filing the…
- **2025-12-15 — Order by NCLT…**: Order passed by National Company Law Tribunal, Mumbai Bench-I in IA (IBC) (Plan) 65 of…

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