NCLAT declines to entertain the appeal in DHFL Resolution Plan matter as pre-mature stage – Prudential International Insurance Holdings Ltd. Vs. The Administrator, Dewan Housing Finance Corporation Ltd. – NCLAT New Delhi
NCLAT declined to entertain the appeal and held that we are not elaborating or commenting on the same for the reason that I.A. No. 449 of 2021 is admittedly stated to be coming up before the Adjudicating Authority on 30.06.2021. Without rights claimed by Appellant being adjudicated before Adjudicating Authority, Appellant cannot maintain challenge to approval of Resolution Plan by way of Appeal.
