<h1>Rs 19,700 crore IBC resolution plan reinstated; liquidation order recalled and ex-promoters' appeals rejected</h1> The Supreme Court upheld the applicant's Rs 19,700 crore resolution plan for a debt-ridden corporate debtor under the Insolvency and Bankruptcy Code, dismissing appeals by ex-promoters and certain creditors. A bench reserved judgment earlier and had earlier recalled a prior order that had directed liquidation and criticized the committee of creditors, the resolution professional and the National Company Law Tribunal for alleged procedural violations. The court found no merit in the challenges to the resolution process and reinstated the approved plan, rejecting contentions that it breached IBC requirements.