India's Supreme Court upholds Resolution Plan; appellant can still submit to Adjudicating Authority without prejudice.

The SC of India dismissed the appellant's appeal, deciding not to interfere with the Resolution Plan approved by the Committee of Creditors, which is awaiting approval by the Adjudicating Authority. The appellant retains the right to make submissions to the Adjudicating Authority, and observations in the impugned order will not prejudice the appellant. All pending applications were disposed of.

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The Supreme Court of India dismissed the appeal by the appellant, stating that they are not inclined to interfere while the Resolution Plan approved by the Committee of Creditors is pending for approval by the Adjudicating Authority. The appellant can make submissions to the Adjudicating Authority, and any observations made in the impugned order will not prejudice the appellant. All pending applications were disposed of.

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