https://www.taxtmi.com/caselaws?id=417346 The court acknowledged the ineligibility of the resolution plan submitted by Respondent No.3 under Section 29A(h) of the Insolvency and Bankruptcy Code but decided not to disrupt the plan due to substantial progress in implementation and the interests of stakeholders. The court stressed the Code's aim to revive the corporate debtor for ongoing operations. en-us Tue, 18 Jan 2022 00:00:00 +0530 Fri, 21 Jan 2022 08:50:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417346 The court acknowledged the ineligibility of the resolution plan submitted by Respondent No.3 under Section 29A(h) of the Insolvency and Bankruptcy Code but decided not to disrupt the plan due to substantial progress in implementation and the interests of stakeholders. The court stressed the Code's aim to revive the corporate debtor for ongoing operations. Case-Laws Insolvency and Bankruptcy Tue, 18 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417346