Question Of Value cannot be Raised Post Approval of Resolution Plan by CoC: NCLAT

Question Of Value cannot be Raised Post Approval of Resolution Plan by CoC, rules NCLAT
NCLAT - National Company Law Appellate Tribunal - Committee of Creditors - COC - NCLAT decision on resolution plan - Taxscan

The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) held that the question of value cannot be raised post approval of resolution plan by the Committee of Creditors ( CoC ). The Adjudicating Authority noticing the fact that Committee of Creditor has already approved the Resolution on 06.10.2022 has rejected…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹1599 + GST for 1 year

Subscribe Now

taxscan-loader