Vinod Kumar Kothari
Insolvency Professional
( IBBI/IPA-002/IP-N00019/2016-17/10033)
ROLE OF ADJUDICATING AUTHORITY IN APPROVING/ REJECTING A RESOLUTION PLAN
By Richa Saraf and Ananya Raghavendra (resolution@vinodkothari.com) The insolvency resolution process of Binani Cements have been through various ups- and downs. On 19.11.2018, the Hon’ble Supreme Court in the case of Rajputana Properties Pvt. Ltd. v. UltraTech Cement Ltd. & Ors. dismissed Dalmia Bharat’s plea to seek stay on Ultratech’s bid for Binani Cement, upholding […]