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IBC - Highlights / Catch Notes

Home Highlights August 2023 Year 2023 This

Seeking approval of the ‘Resolution Plan’ - rights of MSME - The ...

Insolvency and Bankruptcy

August 11, 2023

Seeking approval of the ‘Resolution Plan’ - rights of MSME - The Promotor being an MSME is given an opportunity under the Provisions of the Code to present a Plan. At the same time, the Code does not contemplate any kind of preference to be given to an MSME Promotor by the CoC while accepting a Resolution Plan. - AT

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