NCLT Ahmedabad held that resolution plan submitted by Resolution Professional (RP) of the corporate debtor- Safeco Hygiene Films Pvt. Ltd. duly complies with regulations of CIRP Regulations, 2016 as well as IB Code and, the resolution plan is found to be both feasible and viable as held by CoC. Accordingly, the same is approved.
NCLT Mumbai held that the Resolution Plan submitted by Univastu India Ltd. which was approved unanimously by the members of the Committee of Creditors (CoC) and which meets the requirements of law deserved to be approved.
NCLT Delhi subject to the observations, approved the Resolution Plan in respect of Arena Superstructures Private Limited (Corporate Debtor) as the Resolution Plan has been approved by the CoC with 71.11% of the members voting and is in accordance with the law.
NCLT Mumbai held that lien created prior to the initiation of the ‘Corporate Insolvency Resolution Process cannot sustain during moratorium under section 14 of Insolvency Bankruptcy Code (IBC).
Explore the resolution process of Malar Energy & Infrastructure Private Limited. Learn about the challenges, COC meetings, and the approved resolution plan’s impact.
Explore the approval of M/s Land Nest Developers’ resolution plan in the NCLT Indore case (Navin Khandelwal vs. Mukesh Agrawal). Key details, analysis, and implications.
NCLT Kolkata approves Jain Shoppers Pvt. Ltd. resolution plan, ensuring compliance with IBC for corporate revival and stakeholders’ interest protection.
Explore the details of Rani Agro Private Limited vs S&H Gears Private Limited case at NCLT Mumbai, involving the approval of a resolution plan under the Insolvency and Bankruptcy Code, 2016.
Explore the legal battle between Arvensis Energy and Lakshmi Transcon in NCLT Hyderabad. Analysis of resolution plans, creditor claims, and key milestones.
Get the latest update on the approval of the resolution plan for M/s. Neoaska Pharma Pvt. Ltd. by NCLT Hyderabad. Dr. G. V. Narasimha Rao, the Resolution Professional, presents the details of the plan submitted by Madhya Pradesh Waste Management Pvt. Ltd.
