Resolution plan for Pifiniti Movies Pvt. Ltd. approved as requirement of section 30(2) complied

In re Chandra Prakash Jain (NCLT Mumbai) NCLT Mumbai held that resolution plan submitted by Micro Capital Pvt. Ltd. for Pifiniti Movies Pvt. Ltd. [Corporate Debtor] meeting the requirements of Section 30(2) of the Insolvency and Code and Regulations 37, 38, 38 (1A) and 39 (4) of the Regulations is approved. Facts- The present Application is filed by Resolution Professional Chandra Prakash Jain (Applicant/Resolution Professional) u/s. 30(6) r/w Section 31 of the Insolvency and Bankruptcy Code, 2016 read with regulation 38 and 39 of the Insolvency & Bankruptcy Board of India (Insolvency Reso...