NCLAT dismisses Tropical Ventures' application seeking to enforce a CoC resolution to hold disputed claim funds in escrow.
The tribunal affirms its prior judgment crystallizing Tropical's admitted claim at ₹85.79 crore, rejecting its ₹295 crore claim.
Directs the Monitoring Committee to proceed with redistribution of resolution plan funds as per its 30.06.2026 order.
Notes Tropical's appeal is pending in Supreme Court but no stay has been granted on the distribution of funds.