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
 

AA was right in directing successful resolution applicant to enhance their fund inflow upfront: SC

January 23, 2020[2020] 113 taxmann.com 421 (SC)
96 Views

IBC: Where once a resolution plan has been approved by committee of creditors statutory mandate on Adjudicating Authority under section 31(1) is to ascertain that a resolution plan meets requirement of sub-sections (2) and (4) of section 30 thereof and there is no provision in Code or Regulations that bid of any resolution applicant has to match liquidation value

IBC : A resolution applicant cannot withdraw its resolution plan once submitted as, exit route prescribed in section 12A is not applicable to a resolution applicant

read more

taxmann.com
Payment
Best view in 1140 x 768