https://www.taxtmi.com/caselaws?id=291642 The Tribunal allowed the application for approval of the Resolution Plan under Section 30(6) of the Insolvency and Bankruptcy Code, 2016. The Resolution Plan submitted by the Respondent was approved by the Committee of Creditors with 67.08% of votes in favor. The Tribunal found the Plan compliant with the relevant provisions of the Code and directed its immediate implementation, subject to existing laws and approvals, with the Resolution Professional instructed to submit all records to the Insolvency and Bankruptcy Board of India. en-us Wed, 20 Nov 2019 00:00:00 +0530 Fri, 20 Nov 2020 12:08:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291642 The Tribunal allowed the application for approval of the Resolution Plan under Section 30(6) of the Insolvency and Bankruptcy Code, 2016. The Resolution Plan submitted by the Respondent was approved by the Committee of Creditors with 67.08% of votes in favor. The Tribunal found the Plan compliant with the relevant provisions of the Code and directed its immediate implementation, subject to existing laws and approvals, with the Resolution Professional instructed to submit all records to the Insolvency and Bankruptcy Board of India. Case-Laws Insolvency and Bankruptcy Wed, 20 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291642