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IBC - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Approval of Resolution plan - the Adjudicating Authority per se ...


Adjudicating Authority should not interfere with Committee of Creditors' commercial decisions on Resolution Plans.

April 14, 2020

Case Laws     Insolvency and Bankruptcy     AT

Approval of Resolution plan - the Adjudicating Authority per se is not to be involved in the commercial wisdom area of the Committee of Creditors, particularly, in the approval of commercial side of Resolution Plan/Modified Resolution Plan - AT

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