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CIRP - Unsuccessful resolution applicant - Locus standi to ...


Unsuccessful Resolution Applicant Lacks Standing to Challenge Approved Insolvency Plan Under Bankruptcy Code.

January 17, 2024

Case Laws     Insolvency and Bankruptcy     AT

CIRP - Unsuccessful resolution applicant - Locus standi to challenge the plan after its approval - The Appellant is not a stakeholder within the ambit of Section 31(1) of the Code qua the Corporate Debtor after having been unsuccessful as a resolution applicant and has no locus standi to file the present appeal - AT

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