The case involves an appeal before the National Company Law Appellate Tribunal (NCLAT). The appellant, Pawan Kumar Manguturam Bairagra, approached the Financial Creditor with a settlement proposal after the impugned order was passed. The appellant expressed readiness to enhance the offer within 48 hours.
Pawan Kumar Manguturam Bairagra filed an appeal. After the initial order was passed, the appellant approached the Financial Creditor with a settlement proposal. The appellant stated they were ready and willing to enhance the offer within 48 hours. The court considered the status of the Committee of Creditors (CoC) and its potential constitution.
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Appellant's counsel submitted that the appellant…
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The case involves an appeal before the National Company Law Appellate Tribunal (NCLAT). The appellant, Pawan Kumar Manguturam Bairagra, approached the Financial Creditor with a settlement proposal after the impugned order was passed. The appellant expressed readiness to enhance the offer within 48 hours.
Pawan Kumar Manguturam Bairagra filed an appeal. After the initial order was passed, the appellant approached the Financial Creditor with a settlement proposal. The appellant stated they were ready and willing to enhance the offer within 48 hours. The court considered the status of the Committee of Creditors (CoC) and its potential constitution.
Appellant's counsel submitted that the appellant…
The court scheduled the…
Sign in to view related legal provisions.