https://www.taxtmi.com/caselaws?id=377807 The Tribunal approved the Resolution Plan for The Rubber Products Ltd., confirming compliance with IBC provisions and CIRP regulations. The plan addressed creditors' claims, valuation, and waiver of statutory dues, ensuring a better outcome than liquidation. Changes to the share capital structure were proposed post-approval. The moratorium order ceased, and records were directed to the Insolvency and Bankruptcy Board of India. The decision followed the CoC-approved plan and relevant legal precedents, signaling a successful resolution process. en-us Tue, 19 Feb 2019 00:00:00 +0530 Thu, 04 Apr 2019 07:12:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377807 The Tribunal approved the Resolution Plan for The Rubber Products Ltd., confirming compliance with IBC provisions and CIRP regulations. The plan addressed creditors' claims, valuation, and waiver of statutory dues, ensuring a better outcome than liquidation. Changes to the share capital structure were proposed post-approval. The moratorium order ceased, and records were directed to the Insolvency and Bankruptcy Board of India. The decision followed the CoC-approved plan and relevant legal precedents, signaling a successful resolution process. Case-Laws Insolvency and Bankruptcy Tue, 19 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377807