The resolution plan of the concerned corporate debtor(s) has not ...
Insolvency and Bankruptcy
February 19, 2019
The resolution plan of the concerned corporate debtor(s) has not been approved by requisite percent of voting share of the financial creditors; and in absence of any alternative resolution plan presented within the statutory period of 270 days, the inevitable sequel is to initiate liquidation process under Section 33 of the Code.
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