https://www.taxtmi.com/caselaws?id=399609 The Tribunal approved the Resolution Plan submitted by a consortium, finding it compliant with the Insolvency and Bankruptcy Code. The Plan was deemed binding on all stakeholders, with the Resolution Professional tasked to oversee its implementation. The moratorium order ceased, and all related records were to be forwarded to the IBBI. The Tribunal emphasized that statutory obligations and liabilities resulting from the approved Plan must be addressed by the relevant authorities in accordance with the law. en-us Tue, 28 Jan 2020 00:00:00 +0530 Thu, 15 Oct 2020 13:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399609 The Tribunal approved the Resolution Plan submitted by a consortium, finding it compliant with the Insolvency and Bankruptcy Code. The Plan was deemed binding on all stakeholders, with the Resolution Professional tasked to oversee its implementation. The moratorium order ceased, and all related records were to be forwarded to the IBBI. The Tribunal emphasized that statutory obligations and liabilities resulting from the approved Plan must be addressed by the relevant authorities in accordance with the law. Case-Laws Insolvency and Bankruptcy Tue, 28 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399609