https://www.taxtmi.com/caselaws?id=282271 The Tribunal declared Resolutions No. 4 and 7 of the 5th Committee of Creditors (COC) meeting as approved by 59.21% of the financial creditors, meeting the required 51% majority under the Insolvency and Bankruptcy Code, 2016. The application challenging the resolutions was allowed, and they were deemed valid under the IBC, 2016, leading to the disposal of the application. en-us Tue, 26 Feb 2019 00:00:00 +0530 Wed, 31 Jul 2019 04:31:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282271 The Tribunal declared Resolutions No. 4 and 7 of the 5th Committee of Creditors (COC) meeting as approved by 59.21% of the financial creditors, meeting the required 51% majority under the Insolvency and Bankruptcy Code, 2016. The application challenging the resolutions was allowed, and they were deemed valid under the IBC, 2016, leading to the disposal of the application. Case-Laws Companies Law Tue, 26 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282271