NCLAT Chennai stays CoC constitution in Sargam Metals CIRP case involving operational creditor withdrawal appeal.
Appeals challenge Adjudicating Authority's dismissal of withdrawal application based on amended Section 12A IBC.
Tribunal directs suspended director to share assets/liabilities details with RP and allows salary payment request.
Case centers on legal applicability of pre-amendment IBC provisions to settlement agreement dated 15.05.2026.