https://www.taxtmi.com/caselaws?id=290439 The Applicant Company presented a comprehensive restructuring scheme to reduce debt, strengthen management, and protect employment, receiving support from promoters, investors, and financial creditors. The financial creditors signed an Inter Creditors Agreement for debt restructuring following RBI guidelines. The company listed its equity shares and sought to resolve financial issues through creditor meetings and exploration of restructuring options under Section 230 of the Companies Act. The Tribunal directed the company to conduct creditor meetings via video conferencing, submit recorded videos, and serve notices to creditors and authorities for objections and compliance. en-us Fri, 12 Jun 2020 00:00:00 +0530 Fri, 25 Sep 2020 20:40:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290439 The Applicant Company presented a comprehensive restructuring scheme to reduce debt, strengthen management, and protect employment, receiving support from promoters, investors, and financial creditors. The financial creditors signed an Inter Creditors Agreement for debt restructuring following RBI guidelines. The company listed its equity shares and sought to resolve financial issues through creditor meetings and exploration of restructuring options under Section 230 of the Companies Act. The Tribunal directed the company to conduct creditor meetings via video conferencing, submit recorded videos, and serve notices to creditors and authorities for objections and compliance. Case-Laws Companies Law Fri, 12 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290439