looks like meeting ended abruptly
points suggested in the meeting:
AMIT CHAUHAN
1. Option of Refund has to go as an alternate claim for buyers who wish to opt for it
2. Insolvency proceedings: Before installing the IRP the NCLT completely ignored the below mentioned two facts:
a. That the JAL is a guarantor of all loans granted to JIL and JAL is a cash positive company, so why those guarantees weren't consumed by the respective banks and why didn't NCLT directed banks to consume those first before asking for installation of IRP
b. Similarly, whenever a corporate loan is granted Directors are made parties to the agreement, both in their capacity as directors and personally, why not these guys were sent behind bars or parallel proceedings initiated against them, it was SC who barred them from travelling abroad
3. attach list of petitioners to this case with the petition, there are about 190 odd people
pls include above points in the petition and if not, then quote reasons of not including
Amit Chauhan
+91 981 070 3437
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