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Resolution plan for Pifiniti Movies Pvt. Ltd. approved as requirement of section 30(2) complied
Case Law Details
- Case Name
- In re Chandra Prakash Jain (NCLT Mumbai)
- Appeal Number
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- NCLT
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In re Chandra Prakash Jain (NCLT Mumbai)
NCLT Mumbai held that resolution plan submitted by Micro Capital Pvt. Ltd. for Pifiniti Movies Pvt. Ltd. [Corporate Debtor] meeting the requirements of Section 30(2) of the Insolvency and Code and Regulations 37, 38, 38 (1A) and 39 (4) of the Regulations is approved.
Facts- The present Application is filed by Resolution Professional Chandra Prakash Jain (Applicant/Resolution Professional) u/s. 30(6) r/w Section 31 of the Insolvency and Bankruptcy Code, 2016 read with regulation 38 and 39 of the Insolvency & Bankruptcy Board of India...
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