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NATIONAL COMPANY LAW TRIBUNAL
Bidisha Banerjee, Judicial Member, Siddharth Mishra, Technical Member
HANSRAJ JARIA VS
| Table of Content |
|---|
| 1. cirp overview and rp application for plan approval. (Para 1 , 2 , 3 , 4) |
| 2. rp submissions on cirp process, plan details, coc approval. (Para 5 , 6 , 7 , 8 , 9) |
| 3. plan compliance confirmed; reliefs limited to ibc jurisdiction. (Para 10 , 11 , 12 , 13) |
| 4. reliefs on claims extinguishment, guarantees, statutory approvals. (Para 14 , 15 , 16) |
| 5. plan approved, implementation directions, rp discharge. (Para 17 , 18 , 19 , 20 , 21 , 22 , 23 , 24 , 25 , 26 , 27 , 28 , 29 , 30 , 31 , 32) |
ORDER
Per Bidisha Banerjee, Member (Judicial):
1. The Court convened through hybrid mode.
2. Ld. Counsel for the parties were heard at length.
3. This application has been preferred by the Resolution Professional of Arcuttipore Tea Co. Limited (CD) to seek approval of Resolution Plan in its entirety along with all annexures, Schedule, Appendixes including the claims contained therein as submitted by Premier Ferro Alloys & Securities Limited, the Successful Resolution Applicant (SRA in short) along with reliefs and concessions sought for under the Plan.
4. The Resolution Plan of Premier Ferro Alloys & Securities Limited has been approved by CoC by 90.44% vote on 20.06.2025 and Premier Ferro Alloy
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