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Resolution plan as approved by CoC meets requirements of IBC hence approved
Case Law Details
- Case Name
- RMOL Engineering And Offshore Limited Vs Avocado Reality Private Limited (NCLT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- NCLT
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RMOL Engineering And Offshore Limited Vs Avocado Reality Private Limited (NCLT Mumbai)
NCLT Mumbai held that resolution plan for Corporate Debtor as submitted by M/s. West End Investment and Finance Consultancy P. Ltd. is approved u/s. 31(1) of IBC since the same is duly approved by CoC and meets the requirements of IBC and the IBBI Regulations.
Facts- This application is filed by the Resolution Professional of M/s. Avocado Reality Private Limited under section 30(6) of the Insolvency and Bankruptcy Code, 2016 read with Regulation 39(4) of the IBBI (Insolvency Resolution Proc...
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