NCLAT New Delhi: Approval By CCI Prior To Approval Of Resolution Plan By CoC Is Directory In Nature

The National Company Law Appellate Tribunal (‘NCLAT’), Principal Bench, New Delhi comprising of Justice Ashok Bhushan (Chairperson) and Mr. Barun Mitra (Technical Member), dismissed the appeals filed in Soneko Marketing Pvt. Ltd. vs. Girish Sriram Juneja & Ors. These Appeals were filed against the National Company Law Tribunal (‘NCLT’) order dated 28.04.2023 which expressed...