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Tag Archive for "proceedings-for-recovery-of-the-dues" -

CentrikBlogsproceedings for recovery of the dues

Tag: proceedings for recovery of the dues

Claims, not part of Resolution Plan, gets exhausted

Posted by Adv. Asmita Chaudhary NagpalPosted on April 20, 2021April 21, 20210 CommentsCategories Corporate Litigation-All In Way, Debt Recovery Management, Insolvency & Bankruptcy Code 2016Tags claim after approval of resolution plan, corporate debtor initiated proceeding for recovery of the dues, petition filed before Supreme Court, proceedings for recovery of the dues, Proceedings for the claims, rejection of claim by resolution professional, resolution of the corporate debtor, undecided claims under IBC, unsatisfied claims of the creditors

No further legal action shall be permissible by creditor, whose claim has been rendered unsatisfied as per the resolution plan.

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