https://www.taxtmi.com/caselaws?id=281263 The Tribunal held that the Resolution Professional lacked jurisdiction to decide creditor claims and directed timely action on approved resolution plans under the I&B Code. The resolution plan for M/s. Star Agro Marine Exports Pvt. Ltd. was approved by the Committee of Creditors, but the Adjudicating Authority was directed to pass the appropriate order within the specified timeframe. The appellants were allowed to file claims under Section 60 and take necessary steps based on the resolution plan outcome or liquidation order. The Tribunal emphasized the importance of timely resolution plan approvals and actions under the I&B Code. en-us Fri, 01 Feb 2019 00:00:00 +0530 Tue, 11 Jun 2019 10:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281263 The Tribunal held that the Resolution Professional lacked jurisdiction to decide creditor claims and directed timely action on approved resolution plans under the I&B Code. The resolution plan for M/s. Star Agro Marine Exports Pvt. Ltd. was approved by the Committee of Creditors, but the Adjudicating Authority was directed to pass the appropriate order within the specified timeframe. The appellants were allowed to file claims under Section 60 and take necessary steps based on the resolution plan outcome or liquidation order. The Tribunal emphasized the importance of timely resolution plan approvals and actions under the I&B Code. Case-Laws Insolvency and Bankruptcy Fri, 01 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281263