Sponsored
    Follow Us:

Case Law Details

Case Name : State Bank of India & Ors. Vs Jyoti Structures Ltd. & Ors. (NCLAT Delhi)
Related Assessment Year :
Courts : NCLAT
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Sponsored

State Bank of India & Ors. Vs Jyoti Structures Ltd. & Ors. (NCLAT Delhi)

NCLAT Delhi held that post approval of resolution plan Non-Fund Based [NFB] agreement has to be read in a manner to give effect to the resolution plan and not to make any clause of resolution plan otiose and unworkable.

Facts- Jyoti Structure Limited an Engineering Procurement Company (EPC) was admitted to Insolvency Resolution Process by order dated 04.07.2017. In the CIRP process of the Corporate Debtor, a Resolution Plan was submitted by one Sharad Sanghi. The Resolution Plan

Please become a Premium member. If you are already a Premium member, login here to access the full content.

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31