https://www.taxtmi.com/highlights?id=70656 Locus Standi of shareholder of the Corporate Debtor to challenge the Resolution Plan - Seeking for forensic audit of the Books of Accounts of the Corporate Debtor, and not to approve the Resolution Plan till the disposal of the Application - CIRP proceedings (proceedings in rem) - subsequent to the approval of the Resolution Plan of the CoC and before the approval by the Adjudicating Authority, no modifications / alterations can be called for as IBC is a time bound process. - NCLT rightly rejected application of the shareholder - AT en-us Fri, 30 Jun 2023 09:34:33 +0530 Fri, 30 Jun 2023 09:34:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=70656 Locus Standi of shareholder of the Corporate Debtor to challenge the Resolution Plan - Seeking for forensic audit of the Books of Accounts of the Corporate Debtor, and not to approve the Resolution Plan till the disposal of the Application - CIRP proceedings (proceedings in rem) - subsequent to the approval of the Resolution Plan of the CoC and before the approval by the Adjudicating Authority, no modifications / alterations can be called for as IBC is a time bound process. - NCLT rightly rejected application of the shareholder - AT Highlights Insolvency and Bankruptcy Fri, 30 Jun 2023 09:34:33 +0530 https://www.taxtmi.com/highlights?id=70656