https://www.taxtmi.com/caselaws?id=403763 The Tribunal approved the Resolution Plan submitted by Constantia Corporate Shared Services Private Limited and Alfa Buildhome Private Limited as it met the requirements of the Insolvency and Bankruptcy Code and related regulations. The Committee of Creditors confirmed the Resolution Professional and approved the Plan with a significant voting share. The Plan included detailed financial terms, payment schedule, and management arrangements post-approval. The Resolution Applicants provided a performance security but did not receive the sought reliefs, concessions, and waivers. The Tribunal directed compliance with statutory obligations, approved the Plan, and ordered its implementation, ceasing the moratorium under the Code. en-us Tue, 02 Feb 2021 00:00:00 +0530 Mon, 08 Feb 2021 14:06:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403763 The Tribunal approved the Resolution Plan submitted by Constantia Corporate Shared Services Private Limited and Alfa Buildhome Private Limited as it met the requirements of the Insolvency and Bankruptcy Code and related regulations. The Committee of Creditors confirmed the Resolution Professional and approved the Plan with a significant voting share. The Plan included detailed financial terms, payment schedule, and management arrangements post-approval. The Resolution Applicants provided a performance security but did not receive the sought reliefs, concessions, and waivers. The Tribunal directed compliance with statutory obligations, approved the Plan, and ordered its implementation, ceasing the moratorium under the Code. Case-Laws Insolvency and Bankruptcy Tue, 02 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403763