{"id":291487,"date":"2019-09-13T06:40:16","date_gmt":"2019-09-13T06:40:16","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=291487"},"modified":"2019-09-13T06:40:16","modified_gmt":"2019-09-13T06:40:16","slug":"nclat-to-hear-shapoorji-pallonjis-plea-on-adani-power-bid-for-korba-west-power","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nclat-to-hear-shapoorji-pallonjis-plea-on-adani-power-bid-for-korba-west-power\/","title":{"rendered":"NCLAT to hear Shapoorji Pallonji\u2019s plea on Adani Power bid for Korba West Power"},"content":{"rendered":"<p>The National Company Law Appellate Tribunal (NCLAT) has said it will hear on October 15 Shapoorji Pallonji and Co\u2019s plea against the NCLT order approving resolution plan of Adani Power for the debt-ridden Korba West Power Company Ltd.<\/p>\n<p>The Ahmedabad bench of the National Company Law Tribunal (NCLT) had on June 26, 2019 approved the resolution plan by Adani Power for Korba West Power Company, which operates 600 MW thermal power plant in Chhattisgarh\u2019s Raigarh district.<\/p>\n<p>Shapoorji Pallonji, which is an operational creditor of the company has approached the appellate tribunal after the resolution plan provided nil amount against its total claim of Rs 45 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Company Law Appellate Tribunal (NCLAT) has said it will hear on October 15 Shapoorji Pallonji and Co\u2019s plea against the NCLT order approving resolution plan of Adani Power for the debt-ridden Korba West Power Company Ltd. The Ahmedabad bench of the National Company Law Tribunal (NCLT) had on June 26, 2019 approved the resolution plan by Adani Power for Korba West Power Company, which operates 600 MW thermal power plant in Chhattisgarh\u2019s Raigarh district. Shapoorji Pallonji, which is an operational creditor of the company has approached the appellate tribunal after the resolution plan provided nil amount against its [&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":[130,240,138],"tags":[],"class_list":["post-291487","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291487","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=291487"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291487\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=291487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=291487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=291487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}