Withdrawal of Resolution Plan after approval of the plan by CoC ...
Case Laws Insolvency and Bankruptcy
May 24, 2021
Withdrawal of Resolution Plan after approval of the plan by CoC and pending approval by this Tribunal - The Resolution Applicant cannot be compelled to perform and execute the Resolution Plan when he apprehends huge losses, and should be permitted to withdraw the Plan submitted by him for approval of this Adjudicating Authority - Tri
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