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IBC - Highlights / Catch Notes

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Consideration of new/undecided claims, after implementation of ...

Case Laws     Insolvency and Bankruptcy

November 15, 2021

Consideration of new/undecided claims, after implementation of Resolution plan - There is no legal provision that allows it to recall or review its order approving the resolution plan for the corporate debtor. Moreover, once the Resolution Plan has been approved and implemented, any new/undecided claims cannot be considered - AT

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