The resolution plan of the concerned corporate debtor(s) has not ...

Corporate debtor heads to liquidation as creditors fail to approve resolution plan within 270 days under IBC Section 33.

February 19, 2019

Case Laws Insolvency and Bankruptcy SC

The resolution plan of the concerned corporate debtor(s) has not been approved by requisite percent of voting share of the financial creditors; and in absence of any alternative resolution plan presented within the statutory period of 270 days, the inevitable sequel is to initiate liquidation process under Section 33 of the Code.

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The resolution plan of the concerned corporate debtor(s) has not ...

Corporate debtor heads to liquidation as creditors fail to approve resolution plan within 270 days under IBC Section 33.

February 19, 2019

Case Laws Insolvency and Bankruptcy SC

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