Resolution plan of Cane Agro Energy (India) Ltd approved: NCLT Mumbai

ASREC Vs Cane Agro Energy (India) Ltd. (NCLT Mumbai) NCLT Mumbai approved resolution plan of Corporate Debtor [Cane Agro Energy (India) Ltd] as submitted by resolution applicant [M/s. Raigaon Sugar & Power Ltd.] as resolution plan meets requirements of section 30(2) of the Insolvency and Bankruptcy Code. Facts- The above captioned Application was filed under Section 30(6) and Section 31, of the Insolvency and Bankruptcy Code, 2016 by the Resolution Professional (applicant), seeking approval of the Resolution Plan, submitted by the Resolution Applicant – M/s Raigaon Sugar & Power Ltd....