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Jaiprakash Associates Limited vs Jaypee Infratech Ltd. & Ors on 21 February, 2024

In the Resolution Plan which came for consideration in Essar Steel's case, clause of Resolution Plan is extracted in Para 103 of the judgment which provides that "claims of the guarantor on account of subrogation, if any, under any such guarantee shall be deemed to have been abated, released, discharged and extinguished". The submission of learned counsel for the Appellant challenging the extinguishment of claim Company Appeal (AT) (Insolvency) Nos. 548 of 2023 & 559 of 2023 67 of guarantee on account of subrogation was repelled. We may notice Para 100 to 107 of the judgment, which is as follows:
National Company Law Appellate Tribunal Cites 45 - Cited by 0 - A Bhushan - Full Document

Manoj Gaur vs Jaypee Infratech Limited on 21 February, 2024

In the Resolution Plan which came for consideration in Essar Steel's case, clause of Resolution Plan is extracted in Para 103 of the judgment which provides that "claims of the guarantor on account of subrogation, if any, under any such guarantee shall be deemed to have been abated, released, discharged and extinguished". The submission of learned counsel for the Appellant challenging the extinguishment of claim Company Appeal (AT) (Insolvency) Nos. 548 of 2023 & 559 of 2023 67 of guarantee on account of subrogation was repelled. We may notice Para 100 to 107 of the judgment, which is as follows:
National Company Law Appellate Tribunal Cites 45 - Cited by 0 - A Bhushan - Full Document

Jaiprakash Associates Limited vs Jaypee Infratech Ltd. & Ors on 21 February, 2024

In the Resolution Plan which came for consideration in Essar Steel's case, clause of Resolution Plan is extracted in Para 103 of the judgment which provides that "claims of the guarantor on account of subrogation, if any, under any such guarantee shall be deemed to have been abated, released, discharged and extinguished". The submission of learned counsel for the Appellant challenging the extinguishment of claim Company Appeal (AT) (Insolvency) Nos. 548 of 2023 & 559 of 2023 67 of guarantee on account of subrogation was repelled. We may notice Para 100 to 107 of the judgment, which is as follows:
National Company Law Appellate Tribunal Cites 45 - Cited by 0 - A Bhushan - Full Document

Manoj Gaur vs Jaypee Infratech Limited on 21 February, 2024

In the Resolution Plan which came for consideration in Essar Steel's case, clause of Resolution Plan is extracted in Para 103 of the judgment which provides that "claims of the guarantor on account of subrogation, if any, under any such guarantee shall be deemed to have been abated, released, discharged and extinguished". The submission of learned counsel for the Appellant challenging the extinguishment of claim Company Appeal (AT) (Insolvency) Nos. 548 of 2023 & 559 of 2023 67 of guarantee on account of subrogation was repelled. We may notice Para 100 to 107 of the judgment, which is as follows:
National Company Law Appellate Tribunal Cites 45 - Cited by 0 - A Bhushan - Full Document
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