https://www.taxtmi.com/caselaws?id=298914 The Resolution Plan submitted by the Resolution Applicant, a consortium of M/s. Apex Heights Pvt. Ltd. and Mr. Satnam Singh Sachdeva, was approved and sanctioned by the Tribunal. The plan included provisions for disbursement of funds, job security for employees, completion of the real estate project, restructuring of equity shares, establishment of a monitoring committee, and compliance with relevant sections of the Insolvency and Bankruptcy Code. The plan aimed to address the claims of financial creditors, operational creditors, and other stakeholders while ensuring the successful resolution of the Corporate Insolvency Resolution process. en-us Thu, 20 Feb 2020 00:00:00 +0530 Sat, 27 Nov 2021 08:45:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298914 The Resolution Plan submitted by the Resolution Applicant, a consortium of M/s. Apex Heights Pvt. Ltd. and Mr. Satnam Singh Sachdeva, was approved and sanctioned by the Tribunal. The plan included provisions for disbursement of funds, job security for employees, completion of the real estate project, restructuring of equity shares, establishment of a monitoring committee, and compliance with relevant sections of the Insolvency and Bankruptcy Code. The plan aimed to address the claims of financial creditors, operational creditors, and other stakeholders while ensuring the successful resolution of the Corporate Insolvency Resolution process. Case-Laws Insolvency and Bankruptcy Thu, 20 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298914