The claim based on the decree is claim within the meaning of IBC and the said claim in the CIRP proceedings has to be treated to have been extinguished after the approval of the Resolution Plan – Goodwood Products Vs. M/s. Kitply Industries Ltd. – NCLAT New Delhi

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Resolution Professional had moved the Adjudicating Authority for liquidation of the Corporate Debtor, the Adjudicating Authority, the Adjudicating Authority was accepting the Resolution Plan submitted a Resolution Applicant – State Bank of India Vs. Mr. Subodh Kumar Agrawal Resolution Professional of Ushdev International Ltd. – NCLAT New Delhi

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