B.R. Gavai JUDGMENT
B.R. Gavai, J.
1. Civil Appeal Nos. 3665-3666 of 2020 are filed by Ngaitlang Dhar, the successful Resolution Applicant (H-1 bidder), and Civil Appeal Nos. 3742-3743 of 2020 are filed by Amit Pareek, the Resolution Professional.
2. These appeals assail the judgment and order passed by the National Company Law Appellate Tribunal, New Delhi (hereinafter referred to as "the NCLAT") dated 19th October, 2020, in Company Appeal (AT) (Insolvency) Nos. 515 of 2020 and 516 of 2020, thereby allowing the appeals of the Respondent No. 1-Panna Pragati Infrastructure Private Limited (hereinafter referred to as "PPIPL") and the Respondent No. 2-Arihant International Limited.
3. Company Appeal (AT) (Insolvency) No. 515 of 2020 was filed assailing the order dated 18th March, 2020, passed by the National Company Law Tribunal, Guwahati Bench, Guwahati (hereinafter referred to as "the NCLT"), in I.A. No. 27 of 2020 in CP (IB) No. 13/GB/2019, filed by PPIPL and Anr., by which the application seeking direction to the Resolution Professional (hereinafter referred to as "the RP") to take on record and consider its revised offer submitted by email dated 14th February, 2020, came to be rejected.
4. Company Appeal (AT) (Insolvency) No. 516 of 2020 was filed assailing the order dated 18th May, 2020 passed by the NCLT, in an unnumbered I.A. filed by the RP, vide which the Appellant-Ngaitlang Dhar's (H-1 bidder) Resolution Plan came to be approved by the NCLT.
5. Vide the impugned judgment and order dated 19th October, 2020, the NCLAT has set aside both the orders, dated 18th March, 2020, and 18th May, 20........