NCLAT, Delhi: After Adoption Of Swiss Challenge Method, RA Not Allowed To Submit Revised Plan - (27 Jan 2023)
INSOLVENCY
National Company Law Appellate Tribunal while adjudicating an appeal filed in Jindal Stainless Ltd. v Mr. Shailendra Ajmera & Anr., has observed that after adoption of Swiss Challenge Method to find out the best plan, one Resolution Applicant cannot be allowed to submit a revised plan.
Tags : NATIONAL COMPANY LAW APPELLATE TRIBUNAL RESOLUTION ADOPTION
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