Case Law Details
Case Name : Cimco Projects Ltd. & Ors. Vs Anup Kumar (Resolution Professional) (NCLAT)
Appeal Number : Company Appeal (AT) (Insolvency) No. 128 of 2022
Date of Judgement/Order : 01/08/2022
Related Assessment Year :
Courts :
NCLAT
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Cimco Projects Ltd. & Ors. Vs Anup Kumar (NCLAT)
Held that CIRP cannot be allowed to continue for indefinite period. Refusal to approve the resolution plan due to non-serious, casual and non-diligent conduct of the resolution applicant is within the four corners of law.
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