Supreme Court Allows Appeal Against NCLAT Modification of Resolution Plan in IBC Case — Discrimination Between Financial Creditors Not Established. The Court held that the NCLAT erred in modifying the resolution plan approved by the NCLT under Section 30(2)(e) of the Insolvency and Bankruptcy Code, 2016, as the differential treatment of a dissenting financial creditor was not discriminatory.
8 Nov 2019The case involves an appeal by Rahul Jain, the resolution applicant, against the order of the National Company Law Appellate Tribunal (NCLAT) modifyin...
