https://www.taxtmi.com/caselaws?id=463230 NCLT-III, New Delhi approved the resolution plan of Rs. 18,00,000 under Sections 30(6) and 31(1) IBC, finding it compliant with Sections 25(2)(h), 29A, 30(2), 30(4) and applicable IBBI CIRP Regulations. The resolution professional filed Form-H as required; the successful resolution applicant was held not disqualified under Section 29A and submitted the mandated undertaking with its EoI. The application was brought bona fide to advance the Code's objectives; the resolution plan is approved, will form part of the order, and the petition is disposed of. en-us Wed, 12 Jun 2024 00:00:00 +0530 Mon, 18 Aug 2025 20:18:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463230 NCLT-III, New Delhi approved the resolution plan of Rs. 18,00,000 under Sections 30(6) and 31(1) IBC, finding it compliant with Sections 25(2)(h), 29A, 30(2), 30(4) and applicable IBBI CIRP Regulations. The resolution professional filed Form-H as required; the successful resolution applicant was held not disqualified under Section 29A and submitted the mandated undertaking with its EoI. The application was brought bona fide to advance the Code's objectives; the resolution plan is approved, will form part of the order, and the petition is disposed of. Case-Laws IBC Wed, 12 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463230