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IBC - Highlights / Catch Notes

Home Highlights June 2020 Year 2020 This

Approval of Resolution Plan - There is nothing on record to show ...

Case Laws     Insolvency and Bankruptcy

June 30, 2020

Approval of Resolution Plan - There is nothing on record to show that the RP manipulatively conducted the bidding process. It is also clear that the role of the Resolution Professional is only that of a facilitator. Evaluation matrix of the Resolution Plan also falls within the parameters of commercial wisdom of the CoC, which is non-justiciable

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