The case involves an application MA/201/2019 in MA/486/2018 in CP/540/IB/2018 before the National Company Law Tribunal (NCLT), Chennai Bench. The applicant's representation was not present when the matter was called. The Resolution Professional's counsel submitted that the Resolution Plan had been approved on 2019-08-27.
The Committee of Creditors filed an application (CP/540/(IB)/2018) against Indian Overseas Bank PRC International Hotels Pvt Ltd. An application MA/201/2019 in MA/486/2018 was filed in relation to this matter. The Resolution Plan was approved on 2019-08-27. When the matter was called, there was no representation on behalf of the applicant. The counsel for the Resolution Professional was present and confirmed the approval of the Resolution Plan. Due to the approval of the Resolution Plan, the application was deemed infructuous.
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CP/540/(IB)/2018 filed…
The Resolution Plan was…
The case involves an application MA/201/2019 in MA/486/2018 in CP/540/IB/2018 before the National Company Law Tribunal (NCLT), Chennai Bench. The applicant's representation was not present when the matter was called. The Resolution Professional's counsel submitted that the Resolution Plan had been approved on 2019-08-27.
The Committee of Creditors filed an application (CP/540/(IB)/2018) against Indian Overseas Bank PRC International Hotels Pvt Ltd. An application MA/201/2019 in MA/486/2018 was filed in relation to this matter. The Resolution Plan was approved on 2019-08-27. When the matter was called, there was no representation on behalf of the applicant. The counsel for the Resolution Professional was present and confirmed the approval of the Resolution Plan. Due to the approval of the Resolution Plan, the application was deemed infructuous.
CP/540/(IB)/2018 filed…
The Resolution Plan was…