JUDGMENT

1. By way of this appeal under Section 62 of the Insolvency and Bankruptcy Code, 2016¹[ Hereinafter also referred to as 'the Code' or 'IBC.], the appellant India Resurgence ARC Private Limited seeks to question the order dated 02.03.2021 passed by the National Company Law Appellate Tribunal, New Delhi²[ Hereinafter also referred to as 'the Appellate Authority' or 'NCLAT'.] in CA(AT) (Insolvency) No. 1061 of 2020, whereby the Appellate Authority rejected its challenge to the order dated 20.10.2020 passed by the National Company Law Tribunal, Kolkata Bench, Kolkata³[ Hereinafter also referred to as 'the Adjudicating Authority' or 'NCLT'.] in approval of the resolution plan in the corporate insolvency resolution process⁴['CIRP' for short.] concerning the corporate debtor VSP Udyog Private Limited (respondent No. 2 herein), as submitted by the resolution applicant Amit Metaliks Limited (respondent No. 1 herein).

2. The appellant company is said to be the assignee of the rights, title and interest carried by Religare Finvest Limited as secured financial creditor of the corporate debtor, having 3.94% of voting share in the Committee of Creditors⁵['CoC' for short.].

3. When the reso