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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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