Tag: Rule 11 of NCLT rules

Insolvency and Bankruptcy Code

Whether a resolution plan can be modified post approval?

Thursday February 27, 2020. BY Umang Shirodariya | Insolvency & Bankruptcy

Under the Insolvency and Bankruptcy Code, 2016 (“I&B Code”), a Corporate Insolvency Resolution Process (“CIRP”) is initiated with an order of the Adjudicating Authority (“NCLT”) admitting an application by a creditor or debtor. As soon