https://www.taxtmi.com/caselaws?id=395881 The Resolution Plan of the H-1 bidder was approved with a 100% voting share by the Committee of Creditors (CoC) at the 7th meeting. The plan was found compliant with regulatory requirements and eligible under Section 29A of the Insolvency and Bankruptcy Code. The CoC's decision was based on the plan's feasibility, viability, and financial aspects, with the bid amount exceeding the liquidation value. The Tribunal approved the plan, directing its immediate implementation, cessation of the moratorium order, and communication of the decision to all parties involved. en-us Mon, 18 May 2020 00:00:00 +0530 Fri, 12 Jun 2020 10:44:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395881 The Resolution Plan of the H-1 bidder was approved with a 100% voting share by the Committee of Creditors (CoC) at the 7th meeting. The plan was found compliant with regulatory requirements and eligible under Section 29A of the Insolvency and Bankruptcy Code. The CoC's decision was based on the plan's feasibility, viability, and financial aspects, with the bid amount exceeding the liquidation value. The Tribunal approved the plan, directing its immediate implementation, cessation of the moratorium order, and communication of the decision to all parties involved. Case-Laws Insolvency and Bankruptcy Mon, 18 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395881