State Bank of India Vs. Ushdev International Limited (CP No.1790/IBC/NCLT/MB/MAH/2017)

In this case, State Bank of India Vs. Ushdev International Limited (CP No.1790/IBC/NCLT/MB/MAH/2017), the Resolution Professional had filed an application under Section 33 of the Insolvency Bankruptcy Code, 2016 for the liquidation of the Corporate Debtor after the CoC rejected the Resolution Plan submitted by a Resolution Applicant with 77.61 percent voting share against the Resolution Plan. 

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