TMI BlogResolution Applicant Fails to Submit Plan for MSME; CoC to Determine Eligibility u/s 29A, Appeal Dismissed.Seeking direction to proposed Resolution Applicant to approach the Committee of Creditors (CoC) for deciding his eligibility under section 29A to submit a resolution plan for consideration - MSME status of the corporate debtor - almost 3 years of the initiation of the CIRP gone - As sufficient opportunity had been given to Mr. C.E. Fernandes for presenting a feasible and viable resolution plan but he eventually failed and withdrew his proposed plan, the next step under section 33 of IBC was undertaken by the Resolution Professional. - Appeal dismissed - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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