https://www.taxtmi.com/highlights?id=76623 Approval of the Repayment Plan submitted by the Personal Guarantor - Despite the RP's efforts to submit a repayment plan, it was ultimately rejected by the majority of creditors. Consequently, the Tribunal noted that creditors had the option to file for bankruptcy under Chapter IV, and the RP was relieved of their duties. However, the Tribunal ensured that the RP's approved fees and expenses were to be paid. en-us Tue, 16 Apr 2024 07:10:17 +0530 Tue, 16 Apr 2024 07:10:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=76623 Approval of the Repayment Plan submitted by the Personal Guarantor - Despite the RP's efforts to submit a repayment plan, it was ultimately rejected by the majority of creditors. Consequently, the Tribunal noted that creditors had the option to file for bankruptcy under Chapter IV, and the RP was relieved of their duties. However, the Tribunal ensured that the RP's approved fees and expenses were to be paid. Highlights Insolvency and Bankruptcy Tue, 16 Apr 2024 07:10:17 +0530 https://www.taxtmi.com/highlights?id=76623