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CIR Process - providing all documents to erstwhile Board and ...


CIR Process: Submit Documents to Previous Board, Convene CoC Meeting to Address Suggestions Before Resolution Plan Approval.

June 15, 2019

Case Laws     Insolvency and Bankruptcy     HC

CIR Process - providing all documents to erstwhile Board and thereafter to convene a meeting of the CoC “afresh” to deliberate and consider the suggestions and objections of the erstwhile Board before passing any Resolution Plan will be treated as a preliminary issue and same will be decided by the Adjudicating Authority before considering other Applications or approval of any Resolution Plan

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