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Resolution plan approved by CoC not in contravention of provision of the Code was to be approved: NCLT

August 3, 2019[2019] 107 373 (NCLT - Kolkata)

IBC: Where resolution plan submitted by resolution applicant was approved by CoC with 100 per cent voting and same did not contravene any provisions of law for time being in force and also met all requirements to be satisfied under section 30(2), instant application filed by RP seeking approval of said resolution plan was to be admitted

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