Central Act

111

Section 111. Approval of repayment plan by creditors.

The Insolvency and Bankruptcy Code, 2016.

In forceAll India (Central Act)

111. Approval of repayment plan by creditors. The repayment plan or any modification to the repayment plan shall be approved by a majority of more than three-fourth in value of the creditors present in person or by proxy and voting on the resolution in a meeting of the creditors.