Live Help
Want to know more
Enter the details and we'll call you soon

Name :

Company Name :

City :

Mobile No. :

Email id :

  

Thank you for your details



Our Executive will reach you shortly.

Your Session Will Expire in   seconds.
If you do not wish to log-out, choose 'Let me continue'
Reset SessionCancel Session
 

Opportunity given to ‘resolution applicants’ to revise their offer before final approval is permissible in law

February 6, 2019[2019] 102 taxmann.com 103 (NCL-AT)
145 Views

I&B Code: Grant of more opportunity than one to all eligible 'Resolution Applicants' to revise their 'financial offers', before final approval of plan is permissible in law, provided, all such processes are completed within time frame as provided

I&B Code: Under sub-section (4) of section 30, 'Committee of Creditors' is required to approve a 'Resolution Plan' by a vote of not less than sixty-six per cent only after considering its feasibility and viability; voting shares of those members of Committee of Creditors who are absent cannot be counted

read more

taxmann.com
Payment
Best view in 1140 x 768