CIRP Regulation 39 is enabling to Resolution Professional to permit modification of the Resolution Plan once but that does not give any right to Resolution Applicant to file a fresh Rplan – Rajesh Lallubhai Chitalia Vs. Brijendra Kumar Mishra & Anr. – NCLAT New Delhi

CIRP Regulation 39 on which the Appellant has placed reliance does not give any entitlement to the Appellant to file a revised plan. The said Regulation is enabling to the Resolution Professional to permit modification of the plan once but that does not give any right to the Appellant to file a fresh plan on 06.01.2024. The Appeal is dismissed.

CIRP Regulation 39 is enabling to Resolution Professional to permit modification of the Resolution Plan once but that does not give any right to Resolution Applicant to file a fresh Rplan – Rajesh Lallubhai Chitalia Vs. Brijendra Kumar Mishra & Anr. – NCLAT New Delhi Read Post »