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IBC - Highlights / Catch Notes

Home Highlights April 2022 Year 2022 This

Seeking approval of Resolution Plan - whether the Appellant ...

Insolvency and Bankruptcy

April 6, 2022

Seeking approval of Resolution Plan - whether the Appellant herein was unfairly dealt with regarding the settlement of its Claim, under the subject Resolution Plan? - The Hon’ble Supreme Court has time and again observed that it is the CoC which has to decide the percentage of haircut, the sub classes between ‘Operational Creditors’ and the manner in which the amount is to be distributed. - AT

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