NCLT Partly Allows Colour Roof Promoters' PRA Inclusion

NCLT directs inclusion of erstwhile MSME promoters' consortium in final PRA list for Colour Roof (India) Ltd's CIRP.
Tribunal finds CoC failed to properly consider relaxation request despite NCLAT's explicit directions to examine on merits.
Applicants granted 15 days to submit resolution plan; CoC must reconsider all plans within 30 days with 45-day CIRP extension.
Tribunal denies applicants' request for copy of competing resolution plans due to conflict of interest concerns.