https://www.scconline.com/blog/post/2021/03/16/ineligible-promoters-under-section-29a-ibc-cant-propose-compromise-or-arrangement-schemes-under-section-230-of-the-companies-act-2013-supreme-court/
Ineligible promoters under Section 29A IBC can't propose compromise or arrangement schemes under Section 230 of the Companies Act, 2013: Supreme Court