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Resolution Professional Can't Accept New Plans; Tribunal Order Overturned in Insolvency Case.

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....Approval of Resolution Plan - Scope of the remand back proceedings - The Adjudicating Authority on 06.09.2022 while disposing off application u/s 30(6) allowed the Resolution Professional to accept new Resolution Plans from unsuccessful Resolution Applicants and even previously non-participating entities who may want to submit a Resolution Plan for the Corporate Debtor. - The said order of NCLT set aside - AT....

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