Resolution plan relating to corporate debtor BBN Foods Hi-Tech Processing Private Ltd. is approved

Bansal Traders Vs BBN Foods Hi-Tech Processing Pvt. Ltd. (NCLT Chandigarh) NLCT Chandigarh held that Resolution Plan in respect of corporate debtor BBN Foods Hi-Tech Processing Private Limited being in accordance with Sections 30 and 31 of the Code and complies with Regulations 38 and 39 of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 is approved. Facts- The present application has been filed by Mr. Gurdev Bassi, Resolution Professional of BBN Foods Hi-Tech Processing Private Limited u/s. 30(6) of Insolvency and Bankruptcy Code, 2016 (‘the Code’) read wi...