Resolution plan approval triggers abatement of pending appeals relating to the corporate debtor.

Approval of a resolution plan in insolvency proceedings caused the pending appeal against the order-in-original to abate. The Tribunal relied on a coordinate Bench view that, once the NCLT approves the resolution plan, appeals relating to the corporate debtor no longer survive and stand abated. The appeal was therefore treated as abated.

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Issues: Whether the appeal stood abated on account of approval of the resolution plan in insolvency proceedings.

Analysis: The appeal challenged the order-in-original, but a copy of the resolution plan approved by the NCLT was placed before the Tribunal. The Tribunal followed the coordinate Bench view that, after approval of the resolution plan, the pending appeals relating to the corporate debtor stand abated.

Conclusion: The appeal stood abated.

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