Abstract
This article tends to focus on the part that the adjudicating authority i.e. The National Company Law Tribunal (“ NCLT ”) plays while considering the resolution plans (“ Plan ”) that the resolution professional (“ RP ”) presents to the committee of creditors (“ CoC ”).
Keywords
Adjudicating authority
National Company Law Tribunal
Resolution plan
Committee of creditors
Resolution professional
Insolvency
This is an Open Access article distributed under the terms of the Creative Commons Attribution–NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.