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Non-furnishing of approval from CCI couldn't bar Resolution Professional to consider resolution plan

April 22, 2019[2019] 105 186 (NCLT - Mum.)

IBC: Where CIRP of corporate debtor had been initiated on 20-04-2018 and proviso to section 31(4) which put obligation on resolution applicant to furnish approval from CCI before furnishing resolution plan came into force subsequent to initiation of CIRP, non-furnishing of approval from CCI was no bar for CoC or RP to consider a resolution plan

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