Rajputana Properties Pvt. Ltd vs Binani Industries Limited & Ors on 14 November, 2018
8. We have heard Counsel for the Appellant in this regard and after
perusal of record are of the considered opinion that the Judgment relied
upon by the Appellant in the case of M/s Vedanta Limited (Supra) is not
applicable because the facts of the said case are altogether different from
the facts of the present case as in the case of M/s Vedanta Limited (Supra)
an appeal was filed by the Unsuccessful Resolution Applicant who had
filed an application to set aside the communication issued by the RP
rejecting his prayer to allow it to submit a revised resolution plan and since
the Appellant in the said case could not appear, therefore, order was passed
rejecting the application. However, subsequently, the Appellant in the said
application filed another application for revival of the application I.A No.
406 of 2022 but the said application was also dismissed.