Initiation of CIRP - Non-consideration of resolution plan ...
Corporate Insolvency Process: Resolution Plans Submitted After Limitation But Before 270 Days Must Be Considered in 30 Days.
July 31, 2019
Case Laws Insolvency and Bankruptcy Tri
Initiation of CIRP - Non-consideration of resolution plan submitted after limitation but before the expiry of 270 days - the Resolution Professional and the COC should make all possible efforts towards Insolvency Resolution of a Corporate Debtor company and its liquidation can only be lost resorts - directed to consider within 30 days
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