Approval of Resolution Plan - Non-payment of full provident fund ...

Insolvency and Bankruptcy

November 8, 2022

Approval of Resolution Plan - Non-payment of full provident fund amount to the workmen and employees and the gratuity payment till the insolvency commencement date amounts to non-compliance of provisions of Section 30(2)(e) of the Code. However, in the facts of the present case - All other parts of the Resolution Plan have not been found to infirm in any manner, there are no case for interfering with the order approving the Resolution Plan - AT

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Approval of Resolution Plan - Non-payment of full provident fund ...

Insolvency and Bankruptcy

November 8, 2022

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