SENSEX
NIFTY
GOLD
USD/INR

Weather

image 21    C

Asia News

Livemint

Asia / Livemint

details

SC bars creditors from withdrawing insolvency plan over improved finances

Under the Insolvency and Bankruptcy Code (IBC), neither the CoC nor the resolution applicant can withdraw the approved resolution merely by stating that certain developments have made the transaction less attractive, rules the SC.

27 Oct 2026 8:47 pm