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IBC - Highlights / Catch Notes

Home Highlights June 2020 Year 2020 This

Rejection of Resolution Plan - Since, liquidation proceedings as ...

Case Laws     Insolvency and Bankruptcy

June 18, 2020

Rejection of Resolution Plan - Since, liquidation proceedings as a going concern is already on from July 2019 and there is always scope for Resolution Applicants to opt for Arrangements under Section 230-232 of the Companies Act, 2013, if they are eligible in accordance with provisions of Insolvency and Bankruptcy Code, 2016 along with relevant Rules.

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