2020-TIOLCORP-04-NCLT
Punjab National Bank Vs Rama Krishna Knitters Pvt Ltd
Whether the liquidation of corporate debtor is preferable if no resolution plan gets acceptance of committee of creditors within the extended period of insolvency process - YES: NCLT
- Application allowed: NCLT
2020-TIOLCORP-11-NCLAT
Amit Gupta Vs Yogesh Gupta
Whether if the correct classification of the company undergoing insolvency is not provided within the specified time stipulated under the Expression of Interest, the Resolution Professional or the NCLT is not expected to go into the fact finding exercise to discern the debtor's classification as MSME or otherwise - YES: NCLAT
- Appeal dismissed: NCLAT