Appealability of pre packaged resolution plan approvals is limited to the statutory grounds prescribed for challenging such approvals. An appeal lies from an order approving a pre packaged resolution plan and is confined to the specific statutory grounds prescribed for challenging such ... Summary
Insolvency and Bankruptcy Code (Amendment) Act, 2021
Appealability of pre packaged resolution plan approvals is limited to the statutory grounds prescribed for challenging such approvals.
An appeal lies from an order approving a pre packaged resolution plan and is confined to the specific statutory grounds prescribed for challenging such approvals, aligning the scope of review for pre pack approvals with the established statutory grounds for contesting resolution plan approvals under the broader insolvency framework.
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