Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2020 (1) TMI 1386

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... entioned in Section 61(3), we are not inclined to interfere with the plan approved by the Adjudicating Authority. This apart, in absence of any privity of contract between the Appellant(s) and the 'Corporate Debtor', no relief can be granted. Appeal dismissed. - Company Appeal (AT) (Insolvency) Nos. 1437 And 1438 of 2019 - - - Dated:- 2-1-2020 - Justice S.J. Mukhopadhaya, Chairperso .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ors' have been approved by the Adjudicating Authority. 3. Sub-section (3) of section 61 of the 'I B Code' provides the grounds on which a 'Resolution Plan' approved can be challenged by any aggrieved person, which is as follows: 61. Appeals and Appellate Authority. (3) An appeal against an order approving a resolution plan under section 31 may be filed on the followi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates