Advocate Sushila
SUPREME COURT REITERATES THAT CORPORATE DEBTOR CANNOT RAISE DISPUTE AFTER COMMITTEE OF CREDITORS APPROVE RESOLUTION PLAN

SUPREME COURT REITERATES THAT CORPORATE DEBTOR CANNOT RAISE DISPUTE AFTER COMMITTEE OF CREDITORS APPROVE RESOLUTION PLAN

The Supreme Court has in a recent case of Karad Urban Cooperative Bank Ltd vs Swwapnil Bhingardevay and Others passed a Judgment dated 04-09-2020 and reiterated that once the #committeeofcreditors have approved a #resolutionplan, the #corporatedebtor cannot raise dispute/issue in that regard except in certain circumstances.


To read more, please visit the link below:


http://www.theindianlawyer.in/blog/2020/09/05/supreme-court-reiterates-that-corporate-debtor-cannot-raise-dispute-after-committee-of-creditors-approve-resolution-plan/


#resolutionplan #committeeofcreditors #corporatedebtor #financialcreditor #nclt #nclat #supremecourt

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