TMI BlogValidity of approval of Resolution plan - home buyers - no opinion was obtained on feasibility and...Validity of approval of Resolution plan - home buyers - no opinion was obtained on feasibility and viability - when the CoC approved the Resolution Plan in its commercial wisdom, it is presumed that the approval was given to a viable and feasible plan. The Resolution Plan being approved, this Tribunal also cannot interfere with the commercial wisdom. Approval of the CoC suggest that the plan is viable and feasible. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|