Rajit Mehra, the Ex-Director of M/s Rishi Ganga Power Corporation Ltd., filed an appeal against the Adjudicating Authority's order approving a resolution plan. The appellant claimed the Board of Directors was not invited to the Committee of Creditors meeting where the resolution plan was approved. The Committee of Creditors had approved the resolution plan in March 2018. The court noted the appellant's failure to challenge the approval order earlier. The court also considered the availability of three resolution plans and the potential eligibility of promoters under Section 29A. No financial or operational creditor had challenged the resolution plan. The Adjudicating Authority had approved the resolution plan and rejected the appellant's objection.

Rajit Mehra, the Ex-Director of M/s Rishi Ganga Power Corporation Ltd., filed an appeal against the Adjudicating Authority's order approving a resolution plan. The appellant claimed the Board of Directors was not invited to the Committee of Creditors meeting where the resolution plan was approved. The Committee of Creditors had approved the resolution plan in March 2018. The court noted the appellant's failure to challenge the approval order earlier. The court also considered the availability of three resolution plans and the potential eligibility of promoters under Section 29A. No financial or operational creditor had challenged the resolution plan. The Adjudicating Authority had approved the resolution plan and rejected the appellant's objection.