CIRP - power to entertain new Resolution Plan after approval of ...

Court Examines Judicial Limits in Overriding CoC's Approved Insolvency Resolution Plan Under CIRP Process.

September 21, 2022

Case Laws Insolvency and Bankruptcy AT

CIRP - power to entertain new Resolution Plan after approval of another resolution plan by the CoC - The Appellant has made out a prima-facie case to be interfered with the Order, passed by the Adjudicating Authority, whereby the Adjudicating Authority exceeded its jurisdiction in directing the Resolution Professional to place the Resolution Plan of the Respondents before the CoC is amounts to interference with the Commercial Wisdom exercised by the CoC in its Commercial Decision - AT

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CIRP - power to entertain new Resolution Plan after approval of ...

Court Examines Judicial Limits in Overriding CoC's Approved Insolvency Resolution Plan Under CIRP Process.

September 21, 2022

Case Laws Insolvency and Bankruptcy AT

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