Liquidation as Going Concern Continues; Resolution Applicants Can Pursue Arrangements Under Companies Act Sections 230-232.

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....Rejection of Resolution Plan - Since, liquidation proceedings as a going concern is already on from July 2019 and there is always scope for Resolution Applicants to opt for Arrangements under Section 230-232 of the Companies Act, 2013, if they are eligible in accordance with provisions of Insolvency and Bankruptcy Code, 2016 along with relevant Rules.....