https://www.taxtmi.com/caselaws?id=394444 An approved resolution plan that has attained finality may still be implemented despite a later liquidation order if the successful resolution applicant has substantially complied with the payment directions and the stakeholders no longer oppose implementation. The Appellate Tribunal treated finality of the resolution process and stakeholder welfare as decisive, and found liquidation unnecessary where the corporate insolvency resolution process could be completed through implementation of the approved plans. Relief on matters not previously raised or challenged was not examined. en-us Tue, 03 Mar 2020 00:00:00 +0530 Mon, 15 Nov 2021 11:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394444 An approved resolution plan that has attained finality may still be implemented despite a later liquidation order if the successful resolution applicant has substantially complied with the payment directions and the stakeholders no longer oppose implementation. The Appellate Tribunal treated finality of the resolution process and stakeholder welfare as decisive, and found liquidation unnecessary where the corporate insolvency resolution process could be completed through implementation of the approved plans. Relief on matters not previously raised or challenged was not examined. Case-Laws Insolvency and Bankruptcy Tue, 03 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394444