https://www.taxtmi.com/highlights?id=46877 Validity of Resolution Plan - upfront payment suggested by the ‘Resolution Applicant’ being less than average of the liquidation value to the ‘Financial/Operational Creditors’ - It is open to the ‘COC’ to negotiate and ask the ‘Resolution Applicant’ to revise its plan, if it does not confront with the ‘I&B Code’ - directed to match liquidation value or ‘Resolution Plan’ will be treated to be set aside en-us Fri, 31 May 2019 09:19:16 +0530 Fri, 31 May 2019 09:19:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=46877 Validity of Resolution Plan - upfront payment suggested by the ‘Resolution Applicant’ being less than average of the liquidation value to the ‘Financial/Operational Creditors’ - It is open to the ‘COC’ to negotiate and ask the ‘Resolution Applicant’ to revise its plan, if it does not confront with the ‘I&B Code’ - directed to match liquidation value or ‘Resolution Plan’ will be treated to be set aside Highlights Insolvency and Bankruptcy Fri, 31 May 2019 09:19:16 +0530 https://www.taxtmi.com/highlights?id=46877