Once the arbitral tribunal is constituted it will immediately consider under Section 17 of the said Act the issue regarding the invocation of the said two bank guarantees afresh on hearing the parties and by a reasoned decision – Exide Industries Ltd. Vs. West Bengal Renewable Energy Development Agency – Calcutta High Court

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While the Resolution Plan will generally provide a higher value than the liquidation value but in case of Real Estate Project may not be always feasible and homebuyers are in dire need of getting their homes at the earliest – Lotus City Plot Buyers Welfare Association Vs. Three C Homes Pvt. Ltd & Ors. – NCLAT New Delhi

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