NCLT Grants 90-Day Extension for EOI Re-publication to Maximize Corporate Debtor Value, Appellate Tribunal Supports Decision.

NCLT Grants 90-Day Extension for EOI Re-publication to Maximize Corporate Debtor Value, Appellate Tribunal Supports Decision. https://www.taxtmi.com/highlights?id=71450 Submission of Resolution Plan - NCLT allowed the request for Extension/ exclusion of 90 days for re-publication of invitation for the Expression of Interest (EOI) (Form-G). - the CoC took a decision to issue fresh Form-G to give opportunity to all with the object of maximizing the value of Corporate Debtor - there are no error in the impugned order, warranting interference by this Appellate Tribunal in exercise of its appellate jurisdiction. - AT en-us Sat, 12 Aug 2023 12:01:13 +0530 Sat, 12 Aug 2023 12:01:13 +0530 TaxTMI RSS Generator NCLT Grants 90-Day Extension for EOI Re-publication to Maximize Corporate Debtor Value, Appellate Tribunal Supports Decision. https://www.taxtmi.com/highlights?id=71450 Submission of Resolution Plan - NCLT allowed the request for Extension/ exclusion of 90 days for re-publication of invitation for the Expression of Interest (EOI) (Form-G). - the CoC took a decision to issue fresh Form-G to give opportunity to all with the object of maximizing the value of Corporate Debtor - there are no error in the impugned order, warranting interference by this Appellate Tribunal in exercise of its appellate jurisdiction. - AT Highlights Insolvency and Bankruptcy Sat, 12 Aug 2023 12:01:13 +0530 https://www.taxtmi.com/highlights?id=71450