https://www.taxtmi.com/highlights?id=57521 Priority to the first charge holder - Secured Creditor - relinquishment of security interest - Sub-classification inter-se the Secured Creditors in the distribution mechanism adopted in a Resolution Plan of the Corporate Debtor - The impugned order holding that the inter-se priorities amongst the Secured Creditors will remain valid and prevail in distribution of assets in liquidation cannot be sustained - AT en-us Thu, 08 Apr 2021 09:42:43 +0530 Thu, 08 Apr 2021 09:42:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=57521 Priority to the first charge holder - Secured Creditor - relinquishment of security interest - Sub-classification inter-se the Secured Creditors in the distribution mechanism adopted in a Resolution Plan of the Corporate Debtor - The impugned order holding that the inter-se priorities amongst the Secured Creditors will remain valid and prevail in distribution of assets in liquidation cannot be sustained - AT Highlights Insolvency and Bankruptcy Thu, 08 Apr 2021 09:42:43 +0530 https://www.taxtmi.com/highlights?id=57521