the order of the Hon’ble NCLAT. Apart from that, it can be seen that inspite of the time being extended, the Applicant could not implement the Plan. Hence, the Resolution Plan of the Applicant got to be rejected and the Earnest Money Deposit was also forfeited. By order dated 05.09.2022, this Tribunal permitted the RP to conduct the CIRP afresh in the light of the failure of the Applicant in following the commitment made in the Resolution Plan. Against the said order, the Applicant moved the Hon’ble NCLAT, Chennai by way of an Appeal. The Hon’ble NCLAT, Chennai observed that; “This Appellate Tribunal has already discussed that in its earlier order dated 13.04.2022 three additional months period was given to the Appellant to settle all the payments as per the approved Resolution Plan. Subsequently, in different appeal filed by one Operational Creditor before the Hon’ble Supreme Court of India challenging this Appellate Tribunal’s Order vide Civil Appeal No.3660 of 2022, the Hon’ble Supreme Court of India dismissed the same vide order dated 29.08.2022. Accordingly, “three months period extended by the Appellate Tribunal was also over and no payment was made. Hence, prima-facie, it looks that the Appellant had taken all the legal remedies available to it including various Interlocutory Applications filed
