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IBC - Highlights / Catch Notes

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CIRP - Approval of the Resolution Plan - Contingent Liability - ...

Insolvency and Bankruptcy

March 2, 2023

CIRP - Approval of the Resolution Plan - Contingent Liability - there are no reason to set aside the Resolution Plan per se except for observing that the RP ought not to have made a ‘Contingent Provision’ with respect to the Appellant herein having regard to the specific facts of this case, which would be subject to the result of the Arbitration Proceedings. - AT

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