Resolution plan as approved by CoC meets requirements of IBC hence approved

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 (Insolve

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