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IBC - Highlights / Catch Notes

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Seeking direction to RP to serve a copy of the Resolution Plan - ...


NCLT Denies Access to Resolution Plan for Non-Claimant Appellant; Plan Awaits Adjudicating Authority Approval.

July 15, 2023

Case Laws     Insolvency and Bankruptcy     AT

Seeking direction to RP to serve a copy of the Resolution Plan - whether copy of the Resolution Plan, which has been approved by the CoC but awaits the approval of the Adjudicating authority, can be given to the Appellant who is neither a Claimant, nor a Creditor or a participant? - NCLT rightly rejected the application - AT

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