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Plea to initiate CIRP submitted by applicant accepted when resolution plan approved by CoC: NCLT

June 27, 2020[2020] 117 157 (NCLT - Allahabad)

IBC : Where resolution plan submitted by resolution applicant met with requirements of IBC and regulations thereto and resolution plan had been approved by committee of creditors by 100 per cent voting share, said resolution plan submitted by resolution applicant was to be approved

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