CIRP - Fairness of Resolution plan - appellant being Association ...

Appellate Tribunal Upholds Resolution Plan Under Insolvency Code; No Irregularity Found Despite Homebuyers' Fairness Challenge.

December 15, 2022

Case Laws Insolvency and Bankruptcy AT

CIRP - Fairness of Resolution plan - appellant being Association of the ‘Homebuyers’ - plan challenged on various issued including, the ‘Resolution Plan’ amount being lower than the ‘Liquidation Value’, ‘exorbitant interest charges’ by the ‘Financial Creditors’ in their claims, denial of claims of the ‘Appellant’ etc. - This ‘Appellate Tribunal’, does not find ‘any material irregularity’ or ‘patent illegality’, in the ‘impugned order’ - AT

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CIRP - Fairness of Resolution plan - appellant being Association ...

Appellate Tribunal Upholds Resolution Plan Under Insolvency Code; No Irregularity Found Despite Homebuyers' Fairness Challenge.

December 15, 2022

Case Laws Insolvency and Bankruptcy AT

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