NCLT have Jurisdiction to send back Resolution Plan for Modification: NCLAT allows to Prepare Addendum to Incorporate Necessary Modification

By Yogitha S. Yogesh - On August 20, 2023 7:00 pm - 3 mins read

The New Delhi bench of the National Company Law Appellate Tribunal( NCLAT ) held that National Company Law Tribunal (NCLT) have Jurisdiction to send back Resolution Plan for Modification under certain circumstance and is allowed to prepare Addendum to incorporate necessary modification. Ocean Capital Market Ltd, the appellant is a Successful Resolution Applicant who challenged…

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NCLT have Jurisdiction to send back Resolution Plan for Modification: NCLAT allows to Prepare Addendum to Incorporate Necessary Modification

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