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IBC - Highlights / Catch Notes

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Approval of Resolution plan - There is no error in the ...

Insolvency and Bankruptcy

August 23, 2023

Approval of Resolution plan - There is no error in the consideration of the CoC of the Resolution Plan and the commercial wisdom of the CoC by approving the Resolution Plan has to be given due weightage. - The Adjudicating Authority committed error in rejecting the Application for approval of the Resolution Plan

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