https://www.taxtmi.com/caselaws?id=409356 The Resolution Plan submitted by M/s. Yashasvee Textiles Private Limited was approved by the Adjudicating Authority. The Plan, which included financial terms, reduction of share capital, and issuance of fresh equity shares, met all legal requirements under the Insolvency and Bankruptcy Code. The Resolution Professional would oversee the Plan's implementation, and necessary corporate changes were to be filed with the Registrar of Companies. The Authority emphasized the binding nature of the Plan on all stakeholders, signaling the end of the moratorium period. en-us Tue, 22 Jun 2021 00:00:00 +0530 Mon, 05 Jul 2021 13:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409356 The Resolution Plan submitted by M/s. Yashasvee Textiles Private Limited was approved by the Adjudicating Authority. The Plan, which included financial terms, reduction of share capital, and issuance of fresh equity shares, met all legal requirements under the Insolvency and Bankruptcy Code. The Resolution Professional would oversee the Plan's implementation, and necessary corporate changes were to be filed with the Registrar of Companies. The Authority emphasized the binding nature of the Plan on all stakeholders, signaling the end of the moratorium period. Case-Laws Insolvency and Bankruptcy Tue, 22 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409356