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Resolution plan was to be considered as there was no reasonable ground for giving direction to professional

December 4, 2018[2018] 100 taxmann.com 349 (NCLT- Chennai )
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IBC: Where inspite of resolution plan circulated amongst CoC members, same was not taken up for discussion, besides that, maximum period of CIRP had got expired and moreover, corporate debtor had lost its concept of 'going concern', thus, there was no reasonable ground for giving direction to RP and CoC to consider proposed resolution plan

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