In its order in August, the NCLT Chennai said that Sivasankaran application under section 12 (A) does not stand. NCLT has also dismissed the SBI application.
ISPL had undertaken construction and financing of a 100 MW AC solar power project in Bellary district, Karnataka, for Embassy Energy Private Limited (EEPL) that was commissioned in February 2018.
Senior advocate Harish Salve, appearing for Flipkart, said that CCI doesn't look at the findings of the Government and relied on the tax department findings and misread the findings of the tax tribunal