The interim order passed by SEBI does not amount to any existing law, to attract Clause (e) of Section 30(2) of the I&B Code, therefore, the Appellant cannot take plea that the approved Resolution Plan is in contravention of any law for the time being in force. Therefore, ground shown in Section 61(3)(i) for preferring an appeal against approved Resolution Plan is not attracted and is not applicable in the present case – Securities and Exchange Board of India Vs. Assam Company India Ltd. – NCLAT New Delhi

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