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NATIONAL COMPANY LAW APPELLATE TRIBUNAL
ASHOK BHUSHAN, J
PAWAN KUMAR MANGUTURAM BAIRAGRA – Appellant
Versus
ENCORE ASSET RECONSTRUCTION COMPANY LTD. – Respondent
| Table of Content |
|---|
| 1. overview of appeal and background (Para 1) |
| 2. details of loan agreements and mortgages (Para 2) |
| 3. interim orders and proposal for settlement (Para 3 , 4) |
| 4. settlement discussions and extensions (Para 5 , 6 , 7 , 8) |
| 5. continued discussions regarding settlement terms (Para 9 , 10) |
| 6. conduct of the appellant in relation to payments (Para 11 , 12 , 13) |
| 7. appellants' arguments against assignment validity (Para 14 , 15 , 16) |
| 8. respondents' defense regarding assignment validity (Para 17 , 18 , 19 , 20) |
| 9. legal effect of registration and stamping of documents (Para 21 , 22 , 23 , 24) |
| 10. conclusion on deed sufficiency and authority (Para 25 , 26 , 27 , 28) |
| 11. implications of the appellant’s complaint on proceedings (Para 29 , 30 , 31) |
| 12. analysis of legal interpretations by the supreme court (Para 32 , 33 , 34 , 35) |
| 13. final considerations and judgment conclusions (Para 36 , 37 , 38) |
| 14. final judgment on merits of appeal against admission (Para 39 , 40 , 41 , 42) |
| 15. conclusion affirming the lower court's decisions (Para 43 , 44 , 45 , 46 , 47) |
JUDGMENT
ASHOK BHUSHAN, J.
This Appeal by a Suspended Director of the Corporate Debtor has been filed challenging the order dated 16.0
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