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Gaurav Katiyar vs Nisus Finance And Investment Managers ... on 21 July, 2025

15. The "parties supporting Resolution Plan" submitted that the CIRP is a collective bargaining process, and the CoC, by a 70.18% majority, trusted the SRA's credentials, feasibility, viability, and capability, approving the Resolution Plan. The "parties supporting Resolution Plan" contended that this decision falls squarely within the CoC's commercial wisdom, as held in K. Sashidhar v. Indian Overseas Bank (2019) 102 taxmann.com 139 (SC), Jaypee Kensington Boulevard Apartments Welfare Association v. NBCC (India) Ltd. (2021) 125 taxmann.com 360 (SC), and SP Coal Resources Pvt. Ltd. v. Indus FILA Ltd. (TA (AT) No. 13 of 2021). The "parties supporting Resolution Plan" further submitted that the assessment of asset maximization is a subjective matter for the CoC, and the Adjudicating Authority's interference was impermissible.
National Company Law Appellate Tribunal Cites 13 - Cited by 0 - Full Document

Gaurav Katiyar vs Nisus Finance And Investment Managers ... on 21 July, 2025

15. The "parties supporting Resolution Plan" submitted that the CIRP is a collective bargaining process, and the CoC, by a 70.18% majority, trusted the SRA's credentials, feasibility, viability, and capability, approving the Resolution Plan. The "parties supporting Resolution Plan" contended that this decision falls squarely within the CoC's commercial wisdom, as held in K. Sashidhar v. Indian Overseas Bank (2019) 102 taxmann.com 139 (SC), Jaypee Kensington Boulevard Apartments Welfare Association v. NBCC (India) Ltd. (2021) 125 taxmann.com 360 (SC), and SP Coal Resources Pvt. Ltd. v. Indus FILA Ltd. (TA (AT) No. 13 of 2021). The "parties supporting Resolution Plan" further submitted that the assessment of asset maximization is a subjective matter for the CoC, and the Adjudicating Authority's interference was impermissible.
National Company Law Appellate Tribunal Cites 13 - Cited by 0 - Full Document

Gaurav Katiyar vs Nisus Finance And Investment Managers ... on 21 July, 2025

15. The "parties supporting Resolution Plan" submitted that the CIRP is a collective bargaining process, and the CoC, by a 70.18% majority, trusted the SRA's credentials, feasibility, viability, and capability, approving the Resolution Plan. The "parties supporting Resolution Plan" contended that this decision falls squarely within the CoC's commercial wisdom, as held in K. Sashidhar v. Indian Overseas Bank (2019) 102 taxmann.com 139 (SC), Jaypee Kensington Boulevard Apartments Welfare Association v. NBCC (India) Ltd. (2021) 125 taxmann.com 360 (SC), and SP Coal Resources Pvt. Ltd. v. Indus FILA Ltd. (TA (AT) No. 13 of 2021). The "parties supporting Resolution Plan" further submitted that the assessment of asset maximization is a subjective matter for the CoC, and the Adjudicating Authority's interference was impermissible.
National Company Law Appellate Tribunal Cites 13 - Cited by 0 - Full Document

Consortium Of Ds Infraheights Pvt. Ltd. ... vs Nisus Finance & Investment Managers Llp on 21 July, 2025

15. The "parties supporting Resolution Plan" submitted that the CIRP is a collective bargaining process, and the CoC, by a 70.18% majority, trusted the SRA's credentials, feasibility, viability, and capability, approving the Resolution Plan. The "parties supporting Resolution Plan" contended that this decision falls squarely within the CoC's commercial wisdom, as held in K. Sashidhar v. Indian Overseas Bank (2019) 102 taxmann.com 139 (SC), Jaypee Kensington Boulevard Apartments Welfare Association v. NBCC (India) Ltd. (2021) 125 taxmann.com 360 (SC), and SP Coal Resources Pvt. Ltd. v. Indus FILA Ltd. (TA (AT) No. 13 of 2021). The "parties supporting Resolution Plan" further submitted that the assessment of asset maximization is a subjective matter for the CoC, and the Adjudicating Authority's interference was impermissible.
National Company Law Appellate Tribunal Cites 13 - Cited by 0 - Full Document

Consortium Of Ds Infraheights Pvt. Ltd. ... vs M/S Nisus Finance & Investment ... on 21 July, 2025

15. The "parties supporting Resolution Plan" submitted that the CIRP is a collective bargaining process, and the CoC, by a 70.18% majority, trusted the SRA's credentials, feasibility, viability, and capability, approving the Resolution Plan. The "parties supporting Resolution Plan" contended that this decision falls squarely within the CoC's commercial wisdom, as held in K. Sashidhar v. Indian Overseas Bank (2019) 102 taxmann.com 139 (SC), Jaypee Kensington Boulevard Apartments Welfare Association v. NBCC (India) Ltd. (2021) 125 taxmann.com 360 (SC), and SP Coal Resources Pvt. Ltd. v. Indus FILA Ltd. (TA (AT) No. 13 of 2021). The "parties supporting Resolution Plan" further submitted that the assessment of asset maximization is a subjective matter for the CoC, and the Adjudicating Authority's interference was impermissible.
National Company Law Appellate Tribunal Cites 13 - Cited by 0 - Full Document

Committee Of Creditors Of Earthcon ... vs Nisus Finance & Investment Managers Llp on 21 July, 2025

15. The "parties supporting Resolution Plan" submitted that the CIRP is a collective bargaining process, and the CoC, by a 70.18% majority, trusted the SRA's credentials, feasibility, viability, and capability, approving the Resolution Plan. The "parties supporting Resolution Plan" contended that this decision falls squarely within the CoC's commercial wisdom, as held in K. Sashidhar v. Indian Overseas Bank (2019) 102 taxmann.com 139 (SC), Jaypee Kensington Boulevard Apartments Welfare Association v. NBCC (India) Ltd. (2021) 125 taxmann.com 360 (SC), and SP Coal Resources Pvt. Ltd. v. Indus FILA Ltd. (TA (AT) No. 13 of 2021). The "parties supporting Resolution Plan" further submitted that the assessment of asset maximization is a subjective matter for the CoC, and the Adjudicating Authority's interference was impermissible.
National Company Law Appellate Tribunal Cites 13 - Cited by 0 - Full Document

Committee Of Creditors Of Earthcon ... vs M/S. Nisus Finance & Investment ... on 21 July, 2025

15. The "parties supporting Resolution Plan" submitted that the CIRP is a collective bargaining process, and the CoC, by a 70.18% majority, trusted the SRA's credentials, feasibility, viability, and capability, approving the Resolution Plan. The "parties supporting Resolution Plan" contended that this decision falls squarely within the CoC's commercial wisdom, as held in K. Sashidhar v. Indian Overseas Bank (2019) 102 taxmann.com 139 (SC), Jaypee Kensington Boulevard Apartments Welfare Association v. NBCC (India) Ltd. (2021) 125 taxmann.com 360 (SC), and SP Coal Resources Pvt. Ltd. v. Indus FILA Ltd. (TA (AT) No. 13 of 2021). The "parties supporting Resolution Plan" further submitted that the assessment of asset maximization is a subjective matter for the CoC, and the Adjudicating Authority's interference was impermissible.
National Company Law Appellate Tribunal Cites 13 - Cited by 0 - Full Document

Committee Of Creditors Of Earthcon ... vs M/S. Nisus Finance & Investment ... on 21 July, 2025

15. The "parties supporting Resolution Plan" submitted that the CIRP is a collective bargaining process, and the CoC, by a 70.18% majority, trusted the SRA's credentials, feasibility, viability, and capability, approving the Resolution Plan. The "parties supporting Resolution Plan" contended that this decision falls squarely within the CoC's commercial wisdom, as held in K. Sashidhar v. Indian Overseas Bank (2019) 102 taxmann.com 139 (SC), Jaypee Kensington Boulevard Apartments Welfare Association v. NBCC (India) Ltd. (2021) 125 taxmann.com 360 (SC), and SP Coal Resources Pvt. Ltd. v. Indus FILA Ltd. (TA (AT) No. 13 of 2021). The "parties supporting Resolution Plan" further submitted that the assessment of asset maximization is a subjective matter for the CoC, and the Adjudicating Authority's interference was impermissible.
National Company Law Appellate Tribunal Cites 13 - Cited by 0 - Full Document

Committee Of Creditors Of Earthcon ... vs Nisus Finance & Investment Managers Llp on 21 July, 2025

15. The "parties supporting Resolution Plan" submitted that the CIRP is a collective bargaining process, and the CoC, by a 70.18% majority, trusted the SRA's credentials, feasibility, viability, and capability, approving the Resolution Plan. The "parties supporting Resolution Plan" contended that this decision falls squarely within the CoC's commercial wisdom, as held in K. Sashidhar v. Indian Overseas Bank (2019) 102 taxmann.com 139 (SC), Jaypee Kensington Boulevard Apartments Welfare Association v. NBCC (India) Ltd. (2021) 125 taxmann.com 360 (SC), and SP Coal Resources Pvt. Ltd. v. Indus FILA Ltd. (TA (AT) No. 13 of 2021). The "parties supporting Resolution Plan" further submitted that the assessment of asset maximization is a subjective matter for the CoC, and the Adjudicating Authority's interference was impermissible.
National Company Law Appellate Tribunal Cites 13 - Cited by 0 - Full Document

Consortium Of Ds Infraheights Pvt. Ltd. ... vs M/S Nisus Finance & Investment ... on 21 July, 2025

15. The "parties supporting Resolution Plan" submitted that the CIRP is a collective bargaining process, and the CoC, by a 70.18% majority, trusted the SRA's credentials, feasibility, viability, and capability, approving the Resolution Plan. The "parties supporting Resolution Plan" contended that this decision falls squarely within the CoC's commercial wisdom, as held in K. Sashidhar v. Indian Overseas Bank (2019) 102 taxmann.com 139 (SC), Jaypee Kensington Boulevard Apartments Welfare Association v. NBCC (India) Ltd. (2021) 125 taxmann.com 360 (SC), and SP Coal Resources Pvt. Ltd. v. Indus FILA Ltd. (TA (AT) No. 13 of 2021). The "parties supporting Resolution Plan" further submitted that the assessment of asset maximization is a subjective matter for the CoC, and the Adjudicating Authority's interference was impermissible.
National Company Law Appellate Tribunal Cites 13 - Cited by 0 - Full Document
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