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Insolvency and Bankruptcy

Approval of Resolution Plan - Prior permission of the CCI was...

Resolution Plan Approved Without Initial CCI Nod; Authority Cites Precedent in Insolvency and Bankruptcy Cases.

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Insolvency and BankruptcySeptember 11, 2020Case LawsAT

Approval of Resolution Plan - Prior permission of the CCI was not obtained - the Adjudicating Authority was conscious of CCI approval and hence, ignoring the fact that CCI approval has been obtained post CoC approval of the Resolution Plan is in order - AT

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