https://www.taxtmi.com/caselaws?id=273808 The Tribunal refrained from providing an opinion on the validity of ICICI Bank's invocation of a corporate guarantee and the rejection of its claim for loan facilities availed by ESL. It emphasized the importance of the Insolvency Professional's discretion during the resolution plan process. The Tribunal also dismissed the application regarding the determination of ICICI Bank's voting rights value in the COC, stating it was premature and should be considered during the final approval of the resolution plan. The Insolvency Professional's role and discretion were highlighted throughout the ongoing resolution process. en-us Mon, 21 Aug 2017 00:00:00 +0530 Mon, 16 Jul 2018 08:05:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273808 The Tribunal refrained from providing an opinion on the validity of ICICI Bank's invocation of a corporate guarantee and the rejection of its claim for loan facilities availed by ESL. It emphasized the importance of the Insolvency Professional's discretion during the resolution plan process. The Tribunal also dismissed the application regarding the determination of ICICI Bank's voting rights value in the COC, stating it was premature and should be considered during the final approval of the resolution plan. The Insolvency Professional's role and discretion were highlighted throughout the ongoing resolution process. Case-Laws Companies Law Mon, 21 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273808