https://www.taxtmi.com/caselaws?id=406461 The Resolution Plan under Section 30(6) of the Insolvency and Bankruptcy Code, 2016, submitted by the Resolution Professional of Sejal Glass Limited, was approved by the Committee of Creditors with a 73.15% majority vote. The plan complied with the Code and related regulations, demonstrated financial viability, and met the necessary legal requirements. The Adjudicating Authority approved the Resolution Plan in IA No. 3690 of 2019 in CP 1799 of 2019, making it binding on all stakeholders and lifting the moratorium under Section 14 of the Code. The Resolution Professional is responsible for overseeing the plan's implementation. en-us Fri, 26 Mar 2021 00:00:00 +0530 Wed, 14 Apr 2021 14:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406461 The Resolution Plan under Section 30(6) of the Insolvency and Bankruptcy Code, 2016, submitted by the Resolution Professional of Sejal Glass Limited, was approved by the Committee of Creditors with a 73.15% majority vote. The plan complied with the Code and related regulations, demonstrated financial viability, and met the necessary legal requirements. The Adjudicating Authority approved the Resolution Plan in IA No. 3690 of 2019 in CP 1799 of 2019, making it binding on all stakeholders and lifting the moratorium under Section 14 of the Code. The Resolution Professional is responsible for overseeing the plan's implementation. Case-Laws Insolvency and Bankruptcy Fri, 26 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406461