https://www.taxtmi.com/caselaws?id=398962 The Tribunal approved the Resolution Plan under Section 31 of the Insolvency and Bankruptcy Code for the corporate debtor M/s. Unnati Fortune Private Limited. The Plan, submitted by M/s. One City Infrastructure Private Limited, was modified and unanimously approved by the Committee of Creditors. It prioritized payment of CIRP costs and operational creditors' debts, outlined post-approval management, and compliance measures. The Resolution Applicant's eligibility under Section 29A was confirmed, and after thorough review, the Tribunal found no issues, granting approval and directing effective implementation by the Monitoring Committee within specified timelines. en-us Wed, 01 Jul 2020 00:00:00 +0530 Tue, 29 Sep 2020 06:24:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398962 The Tribunal approved the Resolution Plan under Section 31 of the Insolvency and Bankruptcy Code for the corporate debtor M/s. Unnati Fortune Private Limited. The Plan, submitted by M/s. One City Infrastructure Private Limited, was modified and unanimously approved by the Committee of Creditors. It prioritized payment of CIRP costs and operational creditors' debts, outlined post-approval management, and compliance measures. The Resolution Applicant's eligibility under Section 29A was confirmed, and after thorough review, the Tribunal found no issues, granting approval and directing effective implementation by the Monitoring Committee within specified timelines. Case-Laws Insolvency and Bankruptcy Wed, 01 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398962