The case involves a civil appeal in the Supreme Court of India regarding a dispute between Rajputana Properties Private Limited and Ultratech Cement Limited & Ors. The National Company Law Appellate Tribunal (NCLAT) was expected to conclude proceedings at an early date, but this did not occur. A key issue is the eligibility of Ultratech Cement Limited under Section 29A of the Insolvency and Bankruptcy Code, 2016, including its resolution plan.
Rajputana Properties Private Limited filed an appeal against Ultratech Cement Limited & Ors. The case was heard in the Supreme Court of India. The National Company Law Appellate Tribunal (NCLAT) was initially expected to conclude the proceedings quickly, but this did not happen. A central point of contention is the eligibility of Ultratech Cement Limited under Section 29A of the Insolvency and Bankruptcy Code, 2016, which includes its resolution plan. Rajputana Properties raised a preliminary objection against Ultratech Cement's bid. The Supreme Court transferred the proceedings to the NCLAT, directing it to decide on all points raised by both sides without being influenced by a previous order dated 15.05.2018. The National Company Law Tribunal, Kolkata, was
…Sign in to view the parties.
The court had hoped that the National Company…
The appeal was…
Sign in to view related legal provisions.
The case involves a civil appeal in the Supreme Court of India regarding a dispute between Rajputana Properties Private Limited and Ultratech Cement Limited & Ors. The National Company Law Appellate Tribunal (NCLAT) was expected to conclude proceedings at an early date, but this did not occur. A key issue is the eligibility of Ultratech Cement Limited under Section 29A of the Insolvency and Bankruptcy Code, 2016, including its resolution plan.
Rajputana Properties Private Limited filed an appeal against Ultratech Cement Limited & Ors. The case was heard in the Supreme Court of India. The National Company Law Appellate Tribunal (NCLAT) was initially expected to conclude the proceedings quickly, but this did not happen. A central point of contention is the eligibility of Ultratech Cement Limited under Section 29A of the Insolvency and Bankruptcy Code, 2016, which includes its resolution plan. Rajputana Properties raised a preliminary objection against Ultratech Cement's bid. The Supreme Court transferred the proceedings to the NCLAT, directing it to decide on all points raised by both sides without being influenced by a previous order dated 15.05.2018. The National Company Law Tribunal, Kolkata, was
…The court had hoped that the National Company…
The appeal was…
Sign in to view related legal provisions.