{"id":261507,"date":"2019-02-27T06:49:29","date_gmt":"2019-02-27T06:49:29","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=261507"},"modified":"2019-02-27T06:49:29","modified_gmt":"2019-02-27T06:49:29","slug":"nclat-dismisses-plea-of-monnet-power-rp-over-claims-of-bhel","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nclat-dismisses-plea-of-monnet-power-rp-over-claims-of-bhel\/","title":{"rendered":"NCLAT dismisses plea of Monnet Power RP over claims of BHEL"},"content":{"rendered":"<p>NEW DELHI: The NCLAT Tuesday dismissed a petition of the resolution professional of debt-ridden Monnet Power Company against an NCLT order, which had directed the firm to reconsider claims of its operational creditor state-owned BHEL.<\/p>\n<p>A two-member National Company Law Appellate Tribunal (NCLAT) bench headed by Justice S J Mukhopadhaya asked the RP to act in accordance with the directions passed by the Mumbai bench of the NCLT on October 12, 2018, directing it to re-examine the claims of BHEL.<\/p>\n<p>The National Company Law Tribunal (NCLT) Mumbai had said RP of Monnet Power Company had &#8220;wrongly disallowed the substantial claim in its entirety&#8221; of BHEL, an operational creditor of the company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: The NCLAT Tuesday dismissed a petition of the resolution professional of debt-ridden Monnet Power Company against an NCLT order, which had directed the firm to reconsider claims of its operational creditor state-owned BHEL. A two-member National Company Law Appellate Tribunal (NCLAT) bench headed by Justice S J Mukhopadhaya asked the RP to act in accordance with the directions passed by the Mumbai bench of the NCLT on October 12, 2018, directing it to re-examine the claims of BHEL. The National Company Law Tribunal (NCLT) Mumbai had said RP of Monnet Power Company had &#8220;wrongly disallowed the substantial claim [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-261507","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/261507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=261507"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/261507\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=261507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=261507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=261507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}