https://www.taxtmi.com/caselaws?id=387060 The Adjudicating Authority approved the Resolution Plan under Section 30(6) of the Insolvency and Bankruptcy Code, 2016, which included various financial provisions and priorities for creditors. Despite objections raised by the Municipal Corporation of Greater Mumbai (MCGM), the plan was found compliant with relevant regulations. MCGM's objections were dismissed as belated and inconsistent, with the Authority directing the plan's implementation and monitoring. The Resolution Professional was mandated to oversee compliance and report on the plan's progress, with the plan binding on all stakeholders and the moratorium lifted upon approval. en-us Fri, 26 Jul 2019 00:00:00 +0530 Wed, 16 Oct 2019 11:33:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387060 The Adjudicating Authority approved the Resolution Plan under Section 30(6) of the Insolvency and Bankruptcy Code, 2016, which included various financial provisions and priorities for creditors. Despite objections raised by the Municipal Corporation of Greater Mumbai (MCGM), the plan was found compliant with relevant regulations. MCGM's objections were dismissed as belated and inconsistent, with the Authority directing the plan's implementation and monitoring. The Resolution Professional was mandated to oversee compliance and report on the plan's progress, with the plan binding on all stakeholders and the moratorium lifted upon approval. Case-Laws Insolvency and Bankruptcy Fri, 26 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387060