https://www.taxtmi.com/caselaws?id=456010 The NCLT Bengaluru approved a resolution plan under Section 31(1) of IBC, 2016 for revival of a corporate debtor. The plan was previously approved by the Committee of Creditors on 21.08.2020 with requisite majority for the resolution applicant and co-applicants. The tribunal found the plan satisfied all stakeholder requirements and met necessary conditions for approval. The application was disposed of with the resolution plan being approved. en-us Mon, 21 Sep 2020 00:00:00 +0530 Fri, 21 Jun 2024 08:14:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456010 The NCLT Bengaluru approved a resolution plan under Section 31(1) of IBC, 2016 for revival of a corporate debtor. The plan was previously approved by the Committee of Creditors on 21.08.2020 with requisite majority for the resolution applicant and co-applicants. The tribunal found the plan satisfied all stakeholder requirements and met necessary conditions for approval. The application was disposed of with the resolution plan being approved. Case-Laws Insolvency and Bankruptcy Mon, 21 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456010