PRATAP TECHNOCRATS (P) LTD. vs MONITORING COMMITTEE OF RELIANCE INFRATEL LIMITED

The Supreme Court addressed the appeal concerning the approval of a resolution plan under the Insolvency and Bankruptcy Code. The court examined the jurisdiction of the National Company Law Appellate Tribunal in upholding the resolution plan approved by the National Company Law Tribunal. Ultimately, the court affirmed the decision of the NCLAT, allowing the resolution process to proceed as per the approved plan.