NCLAT dismissed an application by Ankit Metal's suspended director seeking to participate in resolution plan approval proceedings.
The director had challenged procedural irregularities in the plan's approval by the Committee of Creditors.
The Adjudicating Authority is to decide the plan approval application independently, without influence from its prior observations.
The appellant retains the right to challenge the final outcome of the plan approval order at the appropriate forum.
NCLAT Dismisses Ankit Metal Director's Application
Court / NCLT / NCLAT Matter
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