https://www.taxtmi.com/caselaws?id=301890 The National Company Law Tribunal, Ahmedabad, approved the Resolution Plan submitted by Bharat Forge Limited with a 100% majority voting share, confirming compliance with the Insolvency and Bankruptcy Code and Regulation 38. The plan addressed stakeholders' interests, included a detailed implementation schedule, and clarified the limited jurisdiction of the Adjudicating Authority in CoC's commercial decisions. The dismissal of IA 130 of 2021, seeking to withdraw the CIRP, was deemed infructuous due to the already approved Resolution Plan. en-us Mon, 26 Apr 2021 00:00:00 +0530 Mon, 25 Apr 2022 20:44:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301890 The National Company Law Tribunal, Ahmedabad, approved the Resolution Plan submitted by Bharat Forge Limited with a 100% majority voting share, confirming compliance with the Insolvency and Bankruptcy Code and Regulation 38. The plan addressed stakeholders' interests, included a detailed implementation schedule, and clarified the limited jurisdiction of the Adjudicating Authority in CoC's commercial decisions. The dismissal of IA 130 of 2021, seeking to withdraw the CIRP, was deemed infructuous due to the already approved Resolution Plan. Case-Laws Insolvency and Bankruptcy Mon, 26 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301890