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Home Highlights December 2023 Year 2023 This

Approval of Resolution Plan - Scope of the remand back ...

Insolvency and Bankruptcy

December 22, 2023

Approval of Resolution Plan - Scope of the remand back proceedings - The Adjudicating Authority on 06.09.2022 while disposing off application u/s 30(6) allowed the Resolution Professional to accept new Resolution Plans from unsuccessful Resolution Applicants and even previously non-participating entities who may want to submit a Resolution Plan for the Corporate Debtor. - The said order of NCLT set aside - AT

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