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NCLT Mumbai approves resolution plan of Priyam Projects (I) Pvt. Ltd. for Steadfast Shipping Pvt. Ltd.
Case Law Details
- Case Name
- Punjab National Bank (International) Limited Vs Steadfast Shipping Private Limited (NCLT Mumbai)
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- NCLT
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Punjab National Bank (International) Limited Vs Steadfast Shipping Private Limited (NCLT Mumbai)
NCLT Mumbai held that resolution plan submitted by M/s. Priyam Projects (I) Pvt. Ltd. [Successful Resolution Applicant] for M/s. Steadfast Shipping Private Limited [Corporate Debtor] meeting requirements of Section 30(2) of IBC and Regulations 37, 38, 38 (1A) and 39 (4) of the Regulations stands approved.
Facts- The present Application is filed by Resolution Professional Nilesh Rajendra Kothari (Applicant/Resolution Professional) u/s. 30(6) r/w Section 31 of the Insolvency and Bank...
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