Western Coalfields Ltd. filed an appeal claiming an operational debt of Rs.753,93,00,000/- against Sai Wardha Power Generation Ltd. & Ors. The debt was admitted but classified as a 'Contingent Claim' in the resolution plan, with a 24-month payment period. Western Coalfields argued that this classification and payment timeframe violated the 'I&B Code'. The court allowed the appellant to implead 'Consortium of Sri City Private Limited' and 'KCR Enterprise LLP' as additional respondents. The court issued a notice to the respondents to justify the classification of the debt and the payment timeframe, and to explain why the resolution plan should not be declared illegal under Section 61(3) of the 'I&B Code'.

Western Coalfields Ltd. filed an appeal claiming an operational debt of Rs.753,93,00,000/- against Sai Wardha Power Generation Ltd. & Ors. The debt was admitted but classified as a 'Contingent Claim' in the resolution plan, with a 24-month payment period. Western Coalfields argued that this classification and payment timeframe violated the 'I&B Code'. The court allowed the appellant to implead 'Consortium of Sri City Private Limited' and 'KCR Enterprise LLP' as additional respondents. The court issued a notice to the respondents to justify the classification of the debt and the payment timeframe, and to explain why the resolution plan should not be declared illegal under Section 61(3) of the 'I&B Code'.