https://www.taxtmi.com/caselaws?id=313464 The Appellate Tribunal mandates the submission of a revised 'Resolution Plan' under Section 12A by 12th September 2019, addressing payment allocations for all 'Financial Creditors' and 'Operational Creditors'. Failure to comply will result in proceedings on merit. The 'Committee of Creditors' must ensure non-discriminatory treatment among creditors, with an order due by 26th September 2019. The next hearing is scheduled for 30th September 2019, and the 'Resolution Professional' is required to provide a status report by 27th September 2019, ensuring transparency and adherence to equitable treatment principles. en-us Fri, 06 Sep 2019 00:00:00 +0530 Tue, 16 Apr 2024 20:37:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=313464 The Appellate Tribunal mandates the submission of a revised 'Resolution Plan' under Section 12A by 12th September 2019, addressing payment allocations for all 'Financial Creditors' and 'Operational Creditors'. Failure to comply will result in proceedings on merit. The 'Committee of Creditors' must ensure non-discriminatory treatment among creditors, with an order due by 26th September 2019. The next hearing is scheduled for 30th September 2019, and the 'Resolution Professional' is required to provide a status report by 27th September 2019, ensuring transparency and adherence to equitable treatment principles. Case-Laws Insolvency and Bankruptcy Fri, 06 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=313464