https://www.taxtmi.com/highlights?id=76108 Liquidation of the Corporate Debtor - The right of the appellant to propose a revised resolution plan - The judgment highlights the NCLAT's approach to balancing the interests of creditors and debtors within the framework of the IBC, particularly in the context of MSMEs. It reaffirms the principle that liquidation should be a last resort, with a preference for resolution and revival to maintain the entity's contribution to the economy. en-us Thu, 28 Mar 2024 08:52:17 +0530 Thu, 28 Mar 2024 08:52:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=76108 Liquidation of the Corporate Debtor - The right of the appellant to propose a revised resolution plan - The judgment highlights the NCLAT's approach to balancing the interests of creditors and debtors within the framework of the IBC, particularly in the context of MSMEs. It reaffirms the principle that liquidation should be a last resort, with a preference for resolution and revival to maintain the entity's contribution to the economy. Highlights Insolvency and Bankruptcy Thu, 28 Mar 2024 08:52:17 +0530 https://www.taxtmi.com/highlights?id=76108