The Tribunal concluded that the appellant’s claims were subordinate to the ongoing CIRP and dismissed the appeals
The Chennai Bench of National Company Law Appellate Tribunal ( NCLAT ) upheld the rejection of two applications filed by the appellant, confirming that a disputed property claimed by him would remain part of the Corporate Debtor’s ( CD ) assets in the Corporate Insolvency Resolution Process ( CIRP ). Bhagawant Narayan Naik,appellant, challenged the…
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