https://www.taxtmi.com/caselaws?id=369906 The application under section 9 of the Insolvency and Bankruptcy Code, 2016 was admitted, leading to the appointment of various Resolution Professionals. After multiple replacements, the final Resolution Plan was approved unanimously by the Committee of Creditors. The Resolution Professional ensured compliance with all statutory requirements and submitted the Plan addressing stakeholders' interests. However, a modification was required to prioritize payment to workmen. The modified Plan, approved by the Committee and the Tribunal, would bind all stakeholders, marking the end of the moratorium order. Records were to be forwarded to the Insolvency and Bankruptcy Board of India, concluding the case. en-us Wed, 26 Sep 2018 00:00:00 +0530 Mon, 05 Nov 2018 11:28:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369906 The application under section 9 of the Insolvency and Bankruptcy Code, 2016 was admitted, leading to the appointment of various Resolution Professionals. After multiple replacements, the final Resolution Plan was approved unanimously by the Committee of Creditors. The Resolution Professional ensured compliance with all statutory requirements and submitted the Plan addressing stakeholders' interests. However, a modification was required to prioritize payment to workmen. The modified Plan, approved by the Committee and the Tribunal, would bind all stakeholders, marking the end of the moratorium order. Records were to be forwarded to the Insolvency and Bankruptcy Board of India, concluding the case. Case-Laws Insolvency and Bankruptcy Wed, 26 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369906