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IBC - Highlights / Catch Notes

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Rejection of Resolution Plan - validity of the plan - no case ...

Insolvency and Bankruptcy

October 7, 2023

Rejection of Resolution Plan - validity of the plan - no case has made by CRP to establish any procedural or material irregularity committed by the RP/CoC in rejecting their EoI and that the challenges raised by the CRP clearly fall within the domain of commercial wisdom of the CoC which is non-justiceable. - AT

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