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2022 Supreme(Online)(NCLAT) 17

NATIONAL COMPANY LAW APPELLATE TRIBUNAL
Hon'ble Justice Jarat Kumar Jain (Member(Judicial)) , Hon'ble Dr. Ashok Kumar Mishra (Member (Technical)) ,
Small Industries Development Bank of India – Appellant
Versus
Videocon Industries Limited & Ors – Respondent


JUDGEMENT

DR. ASHOK KUMAR MISRHA, TECHNICAL MEMEBR Contents:

SL No.ParticularsPara No.Page No.
A.Brief Background04-0812-16
B.Submissions by the parties09-1817-174
C.Analysis of facts, law and reasons19-49174-212
D.Conclusion50213

Page 12 of 213

SL No.ParticularsPara No.Page No.
A.Brief Background04-0812-16
B.Submissions by the parties09-1817-174
C.Analysis of facts, law and reasons19-49174-212
D.Conclusion50213

1. All these appeals have been filed by the ‘Appellants' under Section 61 of the ‘Insolvency and Bankruptcy Code, 2016’ (in short ‘Code’) against the impugned order dated 08.06.2021 passed by the ‘Adjudicating Authority’ (National Company Law Tribunal, Mumbai Bench, Court No.II at Mumbai) in IA No. 196/2021 in CP (IB) No. 02/MB/C-II/2018 and CP (IB) 01/MB/C-II/2018 and CP (IB) 508/MB/C-II/2018 and CP (IB) 509/MB/C-II/2018 and CP (IB) 507/MB/C-II/2018 and CP (IB) 511/MB/C-II/2018 and CP (IB) 510/MB/C-II/2018 and CP (IB) 562/MB/C-II/2018 and CP (IB) 512/MB/C-II/2018 and CP (IB) 560/MB/C-II/2018 and CP (IB) 528/MB/C-II/2018 and CP (IB) 564/MB/C-II/2018 and CP (IB) 563/MB/C-II/2018 wherein the ‘Adjudicating Authority’ has approved the ‘Res





























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