NCLAT disposes two appeals filed by Sachin Ghayal Sugar Pvt. Ltd. against NCLT Mumbai orders.
Tribunal directs NCLT to take corporate debtor's reply on record in Section 7 insolvency petition.
Respondent Buldana Urban Co-op Credit Society granted two weeks to file rejoinder to the reply.
NCLAT clarifies it expresses no opinion on merits, directs NCLT to proceed with case hearing.