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2025 Supreme(Online)(NCLT) 4674

NATIONAL COMPANY LAW TRIBUNAL
Lakshmi Gurung, Member (Judicial), Charanjeet Singh Gulati, Member (Technical)
Mayura Attal – Appellant
Versus
Vistra (ITCL) India Limited – Respondent


Advocates:
For the Appellants/Petitioners: Adv. Ashish Pyasi, Adv. Avinash Khanolkar
For the Respondents: Adv. Uttam Hathi

Table of Content
1. order sought for internal communication disclosure (Para 1 , 2 , 3 , 4 , 5 , 6 , 7 , 8 , 9 , 10 , 11 , 12 , 13 , 14 , 15 , 16 , 17)
2. challenge on liquidation and dissent voting (Para 18 , 19 , 20 , 21 , 22 , 24 , 26 , 27 , 28)
3. court's legal validity of dissenting vote (Para 29 , 30 , 32 , 33 , 34 , 36 , 38 , 39 , 41 , 42 , 46 , 56 , 58 , 60 , 65 , 78 , 79 , 100)
4. implications of ncds void status on creditor rights (Para 57 , 66 , 75 , 86 , 90 , 92)
5. application dismissed for lack of valid voting (Para 101)

1. This I.A. No. 2137 of 2022 is filed by Mrs. Mayura Attal (Applicant), under Section 60 (5) (c) of the Insolvency and Bankruptcy Code, 2016 (Code), seeking following reliefs:

1) An order directing Vistra ITCL (India) Limited to disclose the internal communication with its members relating to Resolution Plan of the Applicant;

2) An order directing Vistra ITCL (India) Limited to produce the voting results for the dissenting vote in the 10th CoC meeting for revival of Corporate Debtor;

3) An order directing Vistra ITCL (India) Limited to produce the majority resolution of 75% of the NCD Holders for:

a. Its dissenting vote on the Resolution Plan;

b. Making the a

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