customers.
Rather, its conduct is significantly constrained by directions received from
various stakeholders e.g. the Ministry of Power, the Ministry of Coal, the
Central ... unfair
clauses in the FSAs to incorporate suggestions and observations given by
stakeholders including Ministry of Coal, Ministry of Power
that some of the crucial informations were made available to the
stakeholders just 5 to 7 days before the last date of submission
of comments ... Such crucial
information appears to have been deliberately kept away from
the stakeholders and made available only at the last minute
thereby providing very little
bidders/ 'Resolution Applicants', 'Financial Creditors' and other
stakeholders of the 'Corporate Debtor' from time to time.
5. 'Binani ... Insolvency) Nos. 82, 123, 188, 216 & 234 of 2018
11
all stakeholders. The recent Ordinance explicitly aims to promote
resolution over liquidation
well as in present reports and also to integrate
efforts as stakeholders to implement them without further
delay."
6. The Tribunal noted that severe ... achieved. No serious
thought is given towards achievements of commitments made
by stakeholders as well as implementation & compliance of
action framework submitted
admitted claim worth INR 1,525,859,239/-. The Appellant is a
stakeholder in the CIRP, its claim having been admitted. The Appellant
has come ... sell the subject assets of the Corporate Debtor. The Appellant being
stakeholder in the CIRP has interest in the assets of the Corporate Debtor,
since
Operational Creditors including government dues, taxes or the other
creditors or stakeholders is presumed to be NIL. The Appellant prays for
setting aside order dated ... Plan does not take into account the interest of all stakeholders. The Plan
is neither fair nor equitable and violates Section
Adjudicating Authority.
6. Liquidator is not bound by the
directions of the stakeholders, who are
mostly none other than Financial creditors
i.e., CoC members ... value of assets
b) promotion of entrepreneurship
c) balancing the interest of stakeholders
The sale of 'Corporate Debtor' as a going concern even
terms of the
scheme of the notification and law, there are three stakeholders in
the process of grant of environmental clearance :
(a) Project Proponent ... above events is completed by any of
the stakeholders, the limitation period shall trigger. If they happen
on different times and after interval
binding on the
corporate debtor, its creditors, guarantors, members, employees and other
stakeholders. In view of the aforesaid orders of the NCLT/ NCLAT approving ... approved
Resolution Plan is binding on all creditors and stakeholders, including the Central
Government and the Income Tax Department. The salient features of the
provisions
electricity to all areas and protecting interests of
consumers and other stakeholders keeping in view
availability of energy resources, technology available to
exploit these resources ... consulted, inter-alia, the Forum of Regulators and
invited comments from various stakeholders, the Commission had
proceeded to determine the same based on following principles
