Viability and feasibility of Resolution Plan - NCLAT remitted ...

Supreme Court Overrules NCLAT, Restores NCLT Order on Resolution Plans; Stresses Correct Procedures in Insolvency Cases.

September 5, 2020

Case Laws Insolvency and Bankruptcy SC

Viability and feasibility of Resolution Plan - NCLAT remitted /remanded back the matter to the NCLT with a direction to have the Resolution Plan resubmitted before the Committee of Creditors - the NCLAT was wrong in its approach - The impugned order of NCLAT is flawed and hence, liable to be set aside - Order of NCLT restored - SC

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Viability and feasibility of Resolution Plan - NCLAT remitted ...

Supreme Court Overrules NCLAT, Restores NCLT Order on Resolution Plans; Stresses Correct Procedures in Insolvency Cases.

September 5, 2020

Case Laws Insolvency and Bankruptcy SC

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