https://www.taxtmi.com/caselaws?id=446366 The NCLAT Chennai disposed of an appeal regarding a scheme of compromise under Section 230 of the Companies Act, 2013 and Regulation 2B of IBBI (Liquidation Process) Regulations, 2016. The tribunal directed that the appellant's proposed scheme be presented before the Stakeholders' Consultative Committee on 01.12.2023. The liquidator was ordered to convene the meeting by providing proper notice of time, date, and place to concerned parties. The SCC would consider the scheme and make decisions in accordance with law. en-us Wed, 29 Nov 2023 00:00:00 +0530 Sat, 02 Dec 2023 08:44:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446366 The NCLAT Chennai disposed of an appeal regarding a scheme of compromise under Section 230 of the Companies Act, 2013 and Regulation 2B of IBBI (Liquidation Process) Regulations, 2016. The tribunal directed that the appellant's proposed scheme be presented before the Stakeholders' Consultative Committee on 01.12.2023. The liquidator was ordered to convene the meeting by providing proper notice of time, date, and place to concerned parties. The SCC would consider the scheme and make decisions in accordance with law. Case-Laws Insolvency and Bankruptcy Wed, 29 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446366