https://www.taxtmi.com/caselaws?id=282714 The National Company Law Appellate Tribunal directed intervention applications by Deccan Value Investors, LP and Shareholders/Members regarding a resolution plan approved for Liberty House Group to be filed within two weeks. The Tribunal sought explanations for non-compliance with the approved plan and considered setting aside the impugned order. The Committee of Creditors was barred from approving alternative plans during the appeal, while the Resolution Professional was tasked with maintaining the company's operations, ensuring wage payments, and collaborating with relevant parties for compliance. The matter was scheduled for further orders on April 22, 2019. en-us Thu, 28 Mar 2019 00:00:00 +0530 Tue, 20 Aug 2019 20:40:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282714 The National Company Law Appellate Tribunal directed intervention applications by Deccan Value Investors, LP and Shareholders/Members regarding a resolution plan approved for Liberty House Group to be filed within two weeks. The Tribunal sought explanations for non-compliance with the approved plan and considered setting aside the impugned order. The Committee of Creditors was barred from approving alternative plans during the appeal, while the Resolution Professional was tasked with maintaining the company's operations, ensuring wage payments, and collaborating with relevant parties for compliance. The matter was scheduled for further orders on April 22, 2019. Case-Laws Insolvency and Bankruptcy Thu, 28 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282714