Resubmission of Resolution Plan has to await Till Disposing of Pending Application: NCLAT [Read Order]

It was held that the resubmission of the Plan by SRA should await the disposal of those Applications.
Resubmission of Resolution Plan has to await Till Disposing of Pending Application: NCLAT

The National Company Law Appellate Tribunal ( NCLAT ) has held that resubmission of the resolution plan has to await till disposing pending application. The Tribunal observed that approval of the Resolution Plan by the Committee of Creditors ( CoC ) is no more in operation and the SRA has to resubmit the Resolution Plan,…

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