https://www.taxtmi.com/caselaws?id=296790 The Tribunal approved the Resolution Plans submitted by UV Asset Reconstruction Company Limited for three companies, emphasizing compliance with legal requirements and the commercial wisdom of the Committee of Creditors. The approval included specific modifications and granted certain reliefs sought by the Resolution Applicant, while stressing the need for post-approval compliance. The decision was binding on all stakeholders, with the moratorium under the Insolvency & Bankruptcy Code ceasing to have effect. The Resolution Professional was directed to submit records to the Insolvency and Bankruptcy Board of India and file the order with the Registrar of Companies. en-us Tue, 09 Jun 2020 00:00:00 +0530 Sat, 07 Aug 2021 08:49:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296790 The Tribunal approved the Resolution Plans submitted by UV Asset Reconstruction Company Limited for three companies, emphasizing compliance with legal requirements and the commercial wisdom of the Committee of Creditors. The approval included specific modifications and granted certain reliefs sought by the Resolution Applicant, while stressing the need for post-approval compliance. The decision was binding on all stakeholders, with the moratorium under the Insolvency & Bankruptcy Code ceasing to have effect. The Resolution Professional was directed to submit records to the Insolvency and Bankruptcy Board of India and file the order with the Registrar of Companies. Case-Laws Insolvency and Bankruptcy Tue, 09 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296790