Liquidation of the Corporate Debtor if a Resolution Plan is ...

CoCs' Decision on Resolution Plan Final; No Authority Can Overturn Rejection, Leading to Corporate Debtor Liquidation.

April 29, 2019

Case Laws Insolvency and Bankruptcy Tri

Liquidation of the Corporate Debtor if a Resolution Plan is rejected - Resolution Professional, Adjudicating Authority or the Appellate Authority is/are not empowered to reverse the commercial decision of the CoCs.

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Liquidation of the Corporate Debtor if a Resolution Plan is ...

CoCs' Decision on Resolution Plan Final; No Authority Can Overturn Rejection, Leading to Corporate Debtor Liquidation.

April 29, 2019

Case Laws Insolvency and Bankruptcy Tri

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Rejection of Application for Pre-Packaged Insolvency Resolution Process (PPIRP) based on Ineligibility or Deficiency in Application - The NCLAT found the application was...

Power of RP or CoC to call for final compliant Resolution Plan once the CoC concluded the negotiations on Resolution Plans - only resolution plan submitted by the...

Approval of Resolution Plan - voting share was not sufficient enough to get any plan approved - There are only two option available as on date, first to direct the...

Validity of Resolution Plan - Fair and Equitable distribution under the Resolution Plan - Undoubtedly, the commercial decision and matters pertaining to it solely comes...

Challenging the approval of Resolution plan -Delaying Tactics - This ‘Tribunal’ taking note of the divergent contentions advanced on either side and also bearing in mind...

The case involves the Appellant's failure to implement a Resolution Plan approved by the Adjudicating Authority, leading to the question of whether the Appellant's...

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