Approval of resolution plan - during the CIRP of ACIL, no valuer ...
Case Laws Insolvency and Bankruptcy
May 18, 2021
Approval of resolution plan - during the CIRP of ACIL, no valuer was appointed to determine the fair value of the shares held by the the Corporate Debtor. Therefore, the assets of the Corporate Debtor (Respondent) cannot be included in the resolution plan - Thus, the SEZ Business of the Corporate Debtor is not included in the resolution plan submitted by the Appellant. - AT
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