https://www.taxtmi.com/caselaws?id=388435 The Appellate Tribunal dismissed the appeal challenging the approval of the resolution plan under Section 31 of the Insolvency and Bankruptcy (I&B) Code. The judgment emphasized that the Resolution Applicants were not jointly ineligible under Section 29A as the Director in question had severed ties with the Corporate Debtor before the plan submission. The Tribunal found no merit in the Appellant's argument, resulting in the dismissal of the appeal without costs awarded. en-us Tue, 06 Aug 2019 00:00:00 +0530 Fri, 15 Nov 2019 13:20:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388435 The Appellate Tribunal dismissed the appeal challenging the approval of the resolution plan under Section 31 of the Insolvency and Bankruptcy (I&B) Code. The judgment emphasized that the Resolution Applicants were not jointly ineligible under Section 29A as the Director in question had severed ties with the Corporate Debtor before the plan submission. The Tribunal found no merit in the Appellant's argument, resulting in the dismissal of the appeal without costs awarded. Case-Laws Insolvency and Bankruptcy Tue, 06 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388435