An ineligible person u/s 29A is also not eligible to propose scheme of compromise & arrangement

FCS Deepak Pratap Singh , Last updated: 05 November 2021 Share Follow on Google News

Arun Kumar Jagatramka (Appellant) vs. Jindal Steel and Power Ltd (Respondent) Supreme Court of India [CA 9664 of 2019] Date of Order: 15.03.2021 Sub: A Person Ineligible u/s 29A IBC to Submit Resolution Plan Cannot Propose Scheme of Compromise Arrangement u/s 230 Companies Act 2013.

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About the Author

FCS Deepak Pratap Singh

Associate Vice President - Secretarial & Compliance (SBI General Insurance Co. Ltd.)

Dear Friends, Myself FCS Deepak P. Singh ( B.Sc.. LLB, FCS. FIII, CIAFP, CRMP) , A Fellow Member of ICSI, Law Graduate ,Fellow Member of Insurance Institute of India, Certified Insurance Anti Fraud Professional , Certified Risk Governance Professional ( ICSI-III) and cleared Limited Insolvency Examination ( IBBI) wo ... Read more

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