NCLT Rules on Chaitanya Alloys CoC Voting Rights Dispute

NCLT adjudicates dispute between Resolution Professional and Liquidator over voting rights in Chaitanya Alloys' CoC.
Tribunal rules sale of Gouri Iron & Steel to Pashupati Corporation incomplete until share extinguishment and reissuance.
Liquidator directed to continue representing Gouri Iron in CoC meetings, barring Pashupati Corporation from participation.
Application by Pashupati Corporation seeking voting rights declared infructuous and disposed of.