Supreme Court Upholds 75% Voting Share for Resolution Plans under IBC: K. Sashidhar vs. Indian Overseas Bank (2019)

/ A.M. Khanwilkar, Ajay Rastogi, Corporate Insolvency Resolution Process, Insolvency and Bankruptcy Code, 2016, Insolvency and Bankruptcy Code, 2016 with Section 30(4), Insolvency and Bankruptcy Code, 2016 with Section 31, Judges

Supreme Court Upholds 75% Voting Share for Resolution Plans under IBC: K. Sashidhar vs. Indian Overseas Bank (2019) LEGAL ISSUE: Whether a resolution plan under the Insolvency and Bankruptcy Code, 2016 (IBC) requires approval by at least 75% of the voting share of financial creditors. CASE TYPE: Insolvency Law Case Name: K. Sashidhar vs. Indian […]

Supreme Court Upholds 75% Voting Share for Resolution Plans under IBC: K. Sashidhar vs. Indian Overseas Bank (2019) Read Post »