TMI BlogApproval of Resolution Plan - Corporate Debtor is MSME - CIRP process - there was compromise of...Approval of Resolution Plan - Corporate Debtor is MSME - CIRP process - there was compromise of confidentiality regarding liquidation value which appears to have been known to the Respondent No.2 before submitting the Resolution Plan. Apart from this the plant and machinery were not owned by the Corporate Debtor, and the Resolution Plan submitted on the hypothesis that the plant and machinery would be available for business and explanation is clearly a Plan which is not feasible and viable. - ma..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
