This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Rejection of Resolution Plant for Non-Compliance with Section 29A(G) & Section 240A
Case Law Details
- Case Name
- Guruprasad V Hishobkar Vs Aashraya Souhard Credit Society Limited (NCLAT)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- NCLAT
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
Guruprasad V Hishobkar Vs Aashraya Souhard Credit Society Limited (NCLAT)
NCLAT held that that the Adjudicating Authority rightly rejected the Resolution plan as the same didn’t complied with the provisions of Section 29A(G) read with Section 240A of the Insolvency and Bankruptcy Code, 2016.
Facts- This appeal is filed by the Appellant who is the Promoter / Shareholder of Corporate Debtor. The First Respondent is a Co-operative Society registered under the ‘Karnataka Co-operative Societies Act, 1959’ and subsequently got registered under ‘Karnataka Souharda Sahakari Ac...
Author Info
