Resolution Plan Approval Doesn't Halt Ongoing Legal Proceedings; Jurisdiction Lies with Competent Authorities for Orders.

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Full Text of the Document

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....The approval of the Resolution Plan does not mean automatic waiver or abetment of any legal proceedings which are pending by or against the Company/ Corporate Debtor as those are the subject matter of the concerned Competent authorities having their proper/own jurisdiction to pass any appropriate order as the case may be.....