https://www.taxtmi.com/caselaws?id=296884 The Tribunal approved the Resolution Plan submitted by the Resolution Applicant, finding it compliant with the Insolvency and Bankruptcy Code (IBC) and CIRP Regulations. The plan aimed to revive the Corporate Debtor by ensuring payments to both financial and operational creditors, thereby addressing the interests of all stakeholders. The Resolution Professional was discharged from duties, and the moratorium order ceased, marking the completion of the Corporate Insolvency Resolution Process for the debtor company. The Resolution Applicant was given one year to obtain necessary approvals for the plan's implementation. en-us Fri, 08 Jan 2021 00:00:00 +0530 Tue, 10 Aug 2021 08:58:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296884 The Tribunal approved the Resolution Plan submitted by the Resolution Applicant, finding it compliant with the Insolvency and Bankruptcy Code (IBC) and CIRP Regulations. The plan aimed to revive the Corporate Debtor by ensuring payments to both financial and operational creditors, thereby addressing the interests of all stakeholders. The Resolution Professional was discharged from duties, and the moratorium order ceased, marking the completion of the Corporate Insolvency Resolution Process for the debtor company. The Resolution Applicant was given one year to obtain necessary approvals for the plan's implementation. Case-Laws Law of Competition Fri, 08 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296884