The Committee of Creditors (CoC) cannot modify or alter a resolution plan for reallocation of funds of dissenting creditors, after it is approved, insolvency appellate tribunal NCLAT has said.
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CoC can not alter approved resolution plan, reallocate funds of dissenting creditors: NCLAT
India, Dec. 27 -- The Committee of Creditors (CoC) cannot modify or alter a resolution plan for reallocation of funds of dissenting creditors, after it is approved, insolvency appellate tribunal NCLAT ...
Dismissing an appeal filed by Bank of Baroda in the insolvency proceedings of Reliance Communications Infrastructure Ltd (RCIL), a two-member bench of the National Company Law Appellate Tribunal said ...
NEW DELHI: The committee of creditors (CoC) cannot modify or alter a resolution plan for reallocation of funds of dissenting creditors, after it is approved, insolvency appellate tribunal NCLAT has ...
New Delhi, Dec 30 (KNN) The Committee of Creditors (CoC) cannot modify or alter a resolution plan to reallocate funds meant for dissenting creditors once the plan has been approved, the National ...
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