The interim direction in any case does not depart from the approved Resolution Plan which has not been assailed by either of the parties except in regard to the mode and schedule of payment – Orbit Electro Equipment Pvt. Ltd. & Anr. Vs. Apex Drugs Ltd. & Ors. – NCLAT
June 24, 2020
NCLAT held that having given our anxious consideration to the submission made at the Bar, we do not find anything which can be considered by the Appellant as being prejudicial to its legal rights and legitimate interests, as the matter is subjudice and the Adjudicating Authority has to arrive at a decision on merits of the case after hearing both the parties. The interim direction in any case does not depart from the approved Resolution Plan which has not been assailed by either of the parties except in regard to the mode and schedule of payment