https://www.taxtmi.com/caselaws?id=406656 A resolution plan under the Insolvency and Bankruptcy Code, 2016 was found compliant with the mandatory requirements of the Code and CIRP Regulations, including priority for CIRP costs and operational creditors, feasibility and viability, management arrangements, and the applicant's eligibility. On that basis, the plan was approved and made binding on the corporate debtor, creditors, guarantors, governments and other stakeholders, with the moratorium directed to cease from the date of the order. Implementation was to be supervised by the applicant and the monitoring committee. en-us Thu, 15 Apr 2021 00:00:00 +0530 Tue, 20 Apr 2021 12:54:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406656 A resolution plan under the Insolvency and Bankruptcy Code, 2016 was found compliant with the mandatory requirements of the Code and CIRP Regulations, including priority for CIRP costs and operational creditors, feasibility and viability, management arrangements, and the applicant's eligibility. On that basis, the plan was approved and made binding on the corporate debtor, creditors, guarantors, governments and other stakeholders, with the moratorium directed to cease from the date of the order. Implementation was to be supervised by the applicant and the monitoring committee. Case-Laws Insolvency and Bankruptcy Thu, 15 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406656