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IBC - Highlights / Catch Notes

Home Highlights March 2021 Year 2021 This

Power of Coc for accepting / approval of resolution plant - The ...

Insolvency and Bankruptcy

March 12, 2021

Power of Coc for accepting / approval of resolution plant - The legislative scheme, as interpreted by various decisions of this Court, is unambiguous. The commercial wisdom of CoC is not to be interfered with, excepting the limited scope as provided under Sections 30 and 31 of the I&B Code. - SC

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