The case arises from an impugned final judgment and order dated 14-08-2020 in CAAT(I) No. 452/2020 passed by the National Company Law Appellate Tribunal. The appellants were removed from the Committee of Creditors based on the judgment in Sushil Ansal v Ashok Tripathi. The National Company Law Tribunal and the NCLAT are bound by this decision.
The appellants were removed from the Committee of Creditors based on a judgment in 'Sushil Ansal v Ashok Tripathi' by the National Company Law Appellate Tribunal (NCLAT). The core issue is whether the appellants, as decree holders, meet the requirements to be part of the Committee of Creditors as financial creditors. The National Company Law Tribunal and NCLAT are bound by the 'Sushil Ansal v Ashok Tripathi' decision.
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Date of the impugned final judgment and order…
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The case arises from an impugned final judgment and order dated 14-08-2020 in CAAT(I) No. 452/2020 passed by the National Company Law Appellate Tribunal. The appellants were removed from the Committee of Creditors based on the judgment in Sushil Ansal v Ashok Tripathi. The National Company Law Tribunal and the NCLAT are bound by this decision.
The appellants were removed from the Committee of Creditors based on a judgment in 'Sushil Ansal v Ashok Tripathi' by the National Company Law Appellate Tribunal (NCLAT). The core issue is whether the appellants, as decree holders, meet the requirements to be part of the Committee of Creditors as financial creditors. The National Company Law Tribunal and NCLAT are bound by the 'Sushil Ansal v Ashok Tripathi' decision.
Date of the impugned final judgment and order…
The appeal was called on for hearing.…
Sign in to view related legal provisions.