under Section 230 .
23. Section 230(2)(c) uses expression 'any scheme of corporate debt
restructuring consented to by not less than seventy-five ... scheme of corporate debt restructuring. The
expression used in sub-clause (c) is 'corporate debt restructuring'. Debt
restructuring is well known concept. Debt
noted the
recommendation, of the evaluation study ―that TUFS may be
completely restructured to channelize investments towards hitherto
low focus areas‖.
11. A holistic reading ... respondent on 5 th
May 2011, requesting that the benefit of the restructured TUFS be
Signature Not Verified W.P.(C) 7933/2011 Page
Corporate
Debtor, caused by several reasons, discussion for
implementation of Corporate Debt Restructuring ("CDR")
Scheme took place. The Promoters of the group ... management of
the Corporate Debtor and its subsidiaries.
(iii) On 30.03.2015, Master Restructuring Agreement ("MRA") was
executed between Consortium Lenders and the SKIL
under Section 230 .
23. Section 230(2)(c) uses expression 'any scheme of corporate debt
restructuring consented to by not less than seventy-five ... scheme of corporate debt restructuring. The
expression used in sub-clause (c) is 'corporate debt restructuring'. Debt
restructuring is well known concept. Debt
account of Corporate Debt Restructuring
(CDR) expenses as capital expenditure. The Id.CIT(A) erred in
not-appreciating that the assessee has derived ... cross section
for efficient energy conversion. It is manufactured using precision investment
casing process using GTD-1 11 material, which is General Electric. USA
proprietary
pressing and
imperative need to insulate the implementation of measures for
restructuring, revival or liquidation of a corporate debtor from the
vagaries of litigation
direct the
respondents to implement Ext.P1 Scheme for the restructure
of sericulture industry in Kerala prepared by The Textile and
Traditional Industries Protection ... 35173/2016 & Connected cases
: 15 :
restructure of the sericulture industry in the State, jointly by
the Department of Sericulture and SERIFED.
8. The order
such as the board approval of the concerned companies for the
internal restructuring, authorization by constitutional documents of
respective companies enabling transfer and receipt ... Resources Pvt. Ltd., in transferring the equity shares for the
purpose of restructuring and consolidation of Media Assets. The documents
were obtained from the assessee
corporate debtor, nor are they
typically willing to take the risk of restructuring their
debts in order to make the corporate debtor a going
concern ... assumed the operational creditors will be unwilling to take
the risk of restructuring their debts in order to make the corporate debtor a going
concern
behind the Arrangement. The same is reproduced
hereunder:
"(a) the proposed restructuring will create a large and well
diversified company, having a portfolio ... which will be
in the best interest of all the stakeholders the restructuring
proposed by the scheme will also provide flexibility to the
investors
