M&A Critique

Allegation of Fraud in Appointment of IRP as RP – Ground for Rejection of Resolution Plan?

Facts of the Case:

An application filed by Amit Sangal, Proprietor of Nitin Plastic (Operational Creditor of Prince MFG Industries Private Limited) under section 60(5) of the Insolvency and Bankruptcy Code, 2016 read with Rule 11 of National Company Law Tribunal Rules, 2016 against Kairav Anil Trivedi, IRP/RP of the Corporate...

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Aniruddha Jain