Friday, September 11, 2020

Approval of Resolution Plan not to be interfered, if CoC considered all factors: Supreme Court [Read Judgment]

The Supreme Court held that Approval of Resolution Plan (RP) not to be interfered with, if the Committee of Creditors (CoC) considered all factors. The Appellant, Karad Urban Cooperative Bank Ltd., which is the financial creditor, filed an application under Section 7 of the IBC before the NCLT against M/s. Khandoba Prasanna Sakhar Karkhana Limited, […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3ixfsR6

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