NCLAT dismisses appeal by Smaaash Entertainment's suspended director against NCLT order approving Nazara Technologies' resolution plan.
Appellant alleged material irregularities in CIRP process, lack of communication, excessive costs, and wrongful rejection of his settlement proposal.
Tribunal upholds NCLT's findings that appellant was ineligible under Section 29A and finds appeal infructuous as plan was fully implemented by June 2025.
Earlier 12-day delay in filing appeal was condoned due to appellant's hospitalization, with respondent's consent for immediate hearing.