https://www.taxtmi.com/caselaws?id=366318 The Tribunal approved the resolution plan submitted by CP Ispat Private Limited under Section 31 of the Insolvency and Bankruptcy Code, 2016, as it met all statutory requirements and was unanimously approved by the Committee of Creditors with a 100% voting share. The Tribunal directed that the resolution plan be binding on all stakeholders, the moratorium order cease to have effect, and the Resolution Professional forward all records to the Insolvency and Bankruptcy Board of India. Additionally, the Tribunal emphasized the need for legitimate guidelines to ensure reasonable resolution costs and fees in insolvency proceedings. en-us Sat, 31 Mar 2018 00:00:00 +0530 Sat, 01 Sep 2018 08:00:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366318 The Tribunal approved the resolution plan submitted by CP Ispat Private Limited under Section 31 of the Insolvency and Bankruptcy Code, 2016, as it met all statutory requirements and was unanimously approved by the Committee of Creditors with a 100% voting share. The Tribunal directed that the resolution plan be binding on all stakeholders, the moratorium order cease to have effect, and the Resolution Professional forward all records to the Insolvency and Bankruptcy Board of India. Additionally, the Tribunal emphasized the need for legitimate guidelines to ensure reasonable resolution costs and fees in insolvency proceedings. Case-Laws Insolvency and Bankruptcy Sat, 31 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366318