Stay updated with breaking news from Liquidation Process. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Supreme Court IBC- Once Resolution Plan Is Approved, No Modifications Are Permissible: Supreme Court Case Title: SREI Multiple Asset Investment Trust Vision India Fund v Deccan Chronicle...
Supreme Court IBC- Once Resolution Plan Is Approved, No Modifications Are Permissible: Supreme Court Case Title: SREI Multiple Asset Investment Trust Vision India Fund v Deccan Chronicle...
While deciding the matter, the bench led by Justice Rakesh Kumar Jain held that the liquidator does not have the jurisdiction to modify the claims that have already been admitted
This is the first in a two-part series article analysing the recent discussion paper published by the Ministry of Corporate Affairs on 18 January 2023, proposing several major amendments to the IBC Code, 2016.
In part 1 we have analysed some of the empirical data on recoveries and investments under the Code as well as impact of legislative/regulatory amendments on investments and acquisitions under the Code. In part 2 we have analysed some of the significant judicial pronouncements.