IBC – Resolution Plan of IHL Lifesciences for acquisition of Parental Drugs – Salutary tips of Law Firm for the investors

News that the Bankruptcy Court has approved the Resolution Plan of IHL Lifesciences with 100% vote by the Committee of Creditors for acquisition of Parenteral Drugs India (corporate debtor). The Corporate Debtor had defaulted Rs.196 crores payment to the Punjab National Bank.