NCLAT rejects HDFC Bank appeal to exclude mortgaged units from Resolution Plan: Case of HDFC Bank vs Atul Kumar Kansal, NCLAT Delhi Judgement Dated 8th April 2025. The appellant tribunal has dismissed an appeal by HDFC Bank Ltd., which sought the exclusion of certain mortgaged units from the resolution plan of a Corporate Debtor undergoing the CIRP. It upheld the Adjudicating Authority’s decision, ruling that the Appellant when is not the unit holder or any rights in the units except the mortgage right cannot be heard in asking to exclude the unit. The Adjudicating Authority has rightly observed that the Applicant bank has no locus to object to the resolution plan which already stand approved by the Committee of Creditors. (NCLAT Delhi Judgement Dated 08/04/2025)