Back
NATIONAL COMPANY LAW TRIBUNAL
Bench, Per
Sanjay Jitendralal Shah RP of B & C Energy Infra Ltd – Appellant
Versus
CFM Asset Reconstruction Pvt Ltd – Respondent
| Table of Content |
|---|
| 1. application for approval of revised resolution plan. (Para 1 , 2 , 3) |
| 2. constitution of committee of creditors. (Para 4 , 5 , 6) |
| 3. expression of interest for resolution plan. (Para 7 , 8 , 9 , 10) |
| 4. rejection of initial resolution plan. (Para 11 , 12 , 13) |
| 5. approval of revised resolution plan by coc. (Para 17 , 18) |
| 6. payments proposed under the resolution plan. (Para 21 , 22 , 23) |
| 7. alteration of interests of existing shareholders. (Para 34 , 35 , 36) |
(Per: Bench)
1. IA/847(AHM)2023 is filed under Section 30 (6) read with Section 31 of Insolvency and Bankruptcy Code, 2016 (“IBC, 2016”) read with Rule 11 of the NCLT Rules, 2016 seeking the following prayers:-
a) Your Lordship may be pleased to allow the present application;
b) This Hon’ble Adjudicating Authority may be pleased to approve the revised Resolution Plan submitted by Mr. Ashvin J. Patel, the successful Resolution Applicant dated 23.05.2023 and be further pleased to order and declare that such an approved Resolution Plan is binding on the Corporate Debtor, its employees, members, creditors, including the Central Government, the State Government, the Local Authority and other authorities, the guarantors an
An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers
Please visit our Training & Support
Center or Contact Us for assistance
Scan Me!
India’s Legal research and Law Firm App, Download now!
For Daily Legal Updates, Join us on :
Back to top
