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IBC - Highlights / Catch Notes

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CIRP - Objection to the Resolution Plan approved by the ...

Insolvency and Bankruptcy

June 3, 2023

CIRP - Objection to the Resolution Plan approved by the Committee of Creditor - decisions taken by the CoC are not invalidated by a subsequent change in the composition of the COC. Therefore, even though the Appellant was not in the COC when the Final Plan was approved, the approval of the Final Plan by the COC is not vitiated by the subsequent inclusion of the Appellant - AT

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