https://www.taxtmi.com/caselaws?id=413982 The Tribunal approved the resolution plan under section 30(6) of the Insolvency and Bankruptcy Code, 2016, with 100% voting by the Committee of Creditors. The plan included payments to creditors and shareholders, resulting in a significant haircut. The Resolution Applicant was granted various reliefs and concessions, and the plan was deemed feasible and viable by the Tribunal. The decision made the plan binding on the Corporate Debtor and stakeholders, with directions for effective implementation and compliance with statutory requirements. en-us Tue, 05 Oct 2021 00:00:00 +0530 Tue, 26 Oct 2021 09:00:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413982 The Tribunal approved the resolution plan under section 30(6) of the Insolvency and Bankruptcy Code, 2016, with 100% voting by the Committee of Creditors. The plan included payments to creditors and shareholders, resulting in a significant haircut. The Resolution Applicant was granted various reliefs and concessions, and the plan was deemed feasible and viable by the Tribunal. The decision made the plan binding on the Corporate Debtor and stakeholders, with directions for effective implementation and compliance with statutory requirements. Case-Laws Insolvency and Bankruptcy Tue, 05 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413982