Revised Resolution plan may be considered by the “committee of creditors” even after Passing the resolution for liquidation.
Quick Summary
Court :
NCLAT Delhi
Brief :
Heard the Learned Counsel for the Appellant. This Appeal has been filed against the Impugned Order dated 09.12.2020 passed by the Adjudicating Authority (National Company Law Tribunal, Ahmedabad Bench, Ahmedabad, Court 2) in I.A. 886 of 2020 in CP (IB) 257/NCLT/AHM/2019. The Impugned Order which is a short order which reads as under :-
Citation :
Company Appeal (AT) (Ins.) No. 1117 of 2020
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