The company on the other hand said that as operational creditors had been paid 35.79 per cent of their admitted claims, they should also have been either paid that much or be allowed to pursue the arbitration proceedings and claim their due accordingly.
Secured financial creditors of the company have received Rs 1,100 crore, against their total admitted claim of Rs 3,346 crore, while unsecured lenders have been provided 100 per cent of their Rs 1,685 crore claim under the approved plan.
The NCLAT has allowed Shapoorji Pallonji
to implead Adani Power, the successful resolution applicant, as a respondent in the case. Adani Power is also an unsecured creditor in the case, and its resolution plan was approved by the lenders with 69 per cent voting share.