Resolution plan of Corporate Debtor Dev Versha Publication Private Limited stands approved

Virtual Business Solutions Pvt. Ltd. Vs Dev Versha Publication Pvt. Ltd. (NCLT Delhi) NCLT Delhi held that resolution plan of corporate debtor Dev Versha Publication Private Limited submitted by resolution professional is approved since the same was approved by 100% voting share of CoC. Facts- The present application has been filed u/s. 30(6) read with Section 31(1) of the Insolvency & Bankruptcy Code, 2016 (‘the Code’) read with Regulation 39(4) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (‘Regulations’) b...