The case involves an application (MA/289/2019 in MA/518/2018 in CP/540/IB/2018) before the National Company Law Tribunal (NCLT), Chennai. The Resolution Professional's counsel submitted that the Resolution Plan has been approved by the Authority on 2019-08-27.
The Indian Overseas Bank filed a petition (CP/540/IB/2018). An application (MA/289/2019 in MA/518/2018) was filed in relation to this petition. The Resolution Professional's counsel informed the court that the Resolution Plan had been approved on 2019-08-27. Consequently, the court found the application to be infructuous.
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The Resolution…
Hearing held at 2.30 PM…
The case involves an application (MA/289/2019 in MA/518/2018 in CP/540/IB/2018) before the National Company Law Tribunal (NCLT), Chennai. The Resolution Professional's counsel submitted that the Resolution Plan has been approved by the Authority on 2019-08-27.
The Indian Overseas Bank filed a petition (CP/540/IB/2018). An application (MA/289/2019 in MA/518/2018) was filed in relation to this petition. The Resolution Professional's counsel informed the court that the Resolution Plan had been approved on 2019-08-27. Consequently, the court found the application to be infructuous.
The Resolution…
Hearing held at 2.30 PM…