NCLAT has ruled that the Committee of Creditors cannot alter fund distribution under a resolution plan after approval, dismissing Bank of Baroda’s plea.
The Federal Deposit Insurance Corp. on Friday narrowed the requirements big banks must follow when submitting emergency wind-down blueprints — known as resolution plans — in an attempt to streamline ...
The NCLAT has ruled that a Committee of Creditors cannot change a resolution plan's fund distribution for dissenting ...
Mumbai, Dec 16: The National Company Law Tribunal (NCLT) has approved a resolution plan of ₹900 crore submitted by the Successful Resolution Applicant (SRA), Ashdan Properties Private Limited (APPL), ...
NCLAT rules CoC cannot modify resolution plan after approval to reallocate funds of dissenting creditors in Reliance Communications case.
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