TMI BlogResolution Plan Rejected: No Procedural or Material Irregularities Found; CoC's Commercial Decisions Remain Non-Justiciable Under Insolvency Law.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 ..... X X X X Extracts X X X X X X X X Extracts X X X X
|