A plan proposed by a resolution applicant for insolvency resolution of the corporate debtor as a going concern, which must be approved by 66% voting share of CoC and then by NCLT to bind all stakeholders.
Last updated: 17 May 2026
A plan proposed by a resolution applicant for insolvency resolution of the corporate debtor as a going concern, which must be approved by 66% voting share of CoC and then by NCLT to bind all stakeholders.
Resolution Plan is significant under IBC because A plan proposed by a resolution applicant for insolvency resolution of the corporate debtor as a going concern, which must be approved by 66% voting share of CoC and then by NCLT to bind all stakeholders.
Resolution Plan under IBC applies to companies, professionals, and individuals involved in IBC-related compliance and regulatory matters in India. Specifically: A plan proposed by a resolution applicant for insolvency resolution of the corporate debtor as a going concern, which must be approved by 66% voting s...