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NATIONAL COMPANY LAW TRIBUNAL
J. KUMAR INFRAPROJECTS LIMITED – Appellant
Versus
BANK OF INDIA – Respondent
CP (IB)/ 3923 (MB) 2019
Under Section 60(5) of the Insolvency and
Bankruptcy Code, 2016.
J Kumar Infraprojects Limited
…Applicant1
Odette Engineers Private Limited
…Applicant 2
Pranav Construction System Private
Limited
…Applicant 3
Vs.
Bank of India & Anr
… Respondent 1
Kamal Kishore Gurnani,
… Respondent 2 In the matter of
Company Petition No. 3923 of 2019, Under Section 7 of the Insolvency and
Bankruptcy Code, 2016.
Bank of India
… Financial Creditor
The approval of a Resolution Plan under the Insolvency and Bankruptcy Code is binding on all stakeholders, contingent on compliance with statutory obligations and financial guidelines, ensuring the v....
The approval of a resolution plan under the IBC extinguishes all claims not included in the plan, including tax liabilities.
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