Resolution Plan Approved: Compliant with IBC Section 30(2) and Regulations 37, 38, 38(1A), 39(4), No Violation of Sec 29A

Kedar Parshuram Mulye Vs Navdurga Advisory Private Limited (NCLT Mumbai) Resolution plan was approved as it satisfies section 30(2) of the Code and Regulations 37, 38, 38 (1A) and 39 (4) and not in contravention of sec 29A Conclusion: Resolution Plan meet the requirements of Section 30(2) of the Code and Regulations 37, 38, 38 (1A) and 39 (4) of the Regulations. The Resolution Plan was not in contravention of any of the provisions of Section 29A of the Code and was in accordance with law. The same need to be approved. Held: Present application was moved by Resolution Professional...