Approval of the Resolution Plan pertaining to its dissolution - ...

Supreme Court modifies relief under Article 142, extends benefits to retail debenture holders in company dissolution case.

March 6, 2023

Case Laws Insolvency and Bankruptcy SC

Approval of the Resolution Plan pertaining to its dissolution - dissenting debenture holders - power to mould relief and approve the RP - we should extend the benefit under Article 142 of the Constitution of India to the retail debenture holders. We are inclined to issue such directions to mould the relief in view of the particular facts and circumstances in the present case, which are similar to that in the case of Rajkumar Nagpal. - SC

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Approval of the Resolution Plan pertaining to its dissolution - ...

Supreme Court modifies relief under Article 142, extends benefits to retail debenture holders in company dissolution case.

March 6, 2023

Case Laws Insolvency and Bankruptcy SC

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