Alternate statutory remedy governs GST assessment challenge, with statutory appeal preserved and limitation objection barred for the permitted filing ...
Insolvency and BankruptcyFebruary 14, 2024Case LawsSC
Approval of Resolution Plan Without Adequate Consideration of Appellant's Claim - Greater Noida - - The Supreme court found that the resolution plan's approval was flawed as it did not properly acknowledge or incorporate the appellant's claim or its status as a secured creditor. The plan's failure to provide for the appellant's claim, as required under Section 30(2) of the IBC, rendered the approval process defective.
Approval of Resolution Plan Without Adequate Consideration of Appellant's Claim - Greater Noida - - The Supreme court found that the resolution plan's approval was flawed as it did not properly acknowledge or incorporate the appellant's claim or its status as a secured creditor. The plan's failure to provide for the appellant's claim, as required under Section 30(2) of the IBC, rendered the approval process defective.
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