https://www.taxtmi.com/caselaws?id=302469 The Resolution Plan submitted by C.P. Ispat Pvt Ltd was approved with 80.93% voting share after multiple CoC meetings and modifications. The Tribunal found the plan compliant with statutory requirements, granting certain reliefs while denying others. The plan was deemed viable for the Corporate Debtor's revival, with the Resolution Applicant instructed to fulfill obligations within one year. Moratorium was lifted, the RP discharged, and the plan made binding on all stakeholders. The main petition and application were disposed of accordingly. en-us Fri, 08 Oct 2021 00:00:00 +0530 Sat, 28 May 2022 09:35:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302469 The Resolution Plan submitted by C.P. Ispat Pvt Ltd was approved with 80.93% voting share after multiple CoC meetings and modifications. The Tribunal found the plan compliant with statutory requirements, granting certain reliefs while denying others. The plan was deemed viable for the Corporate Debtor's revival, with the Resolution Applicant instructed to fulfill obligations within one year. Moratorium was lifted, the RP discharged, and the plan made binding on all stakeholders. The main petition and application were disposed of accordingly. Case-Laws Insolvency and Bankruptcy Fri, 08 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302469