https://www.taxtmi.com/caselaws?id=396275 The Tribunal upheld the decision of the Committee of Creditors (COC) to reject the Resolution Plan submitted by the appellant due to its terms and the appellant's related party status with the suspended director of the Corporate Debtor. The appellant was found ineligible under Section 29A of the Insolvency & Bankruptcy Code (IBC). Additionally, the Tribunal dismissed the appellant's claims of non-invitation to the COC meeting and rejected the request to exclude time from the Corporate Insolvency Resolution Process (CIRP). The appeal was dismissed with no order as to costs. en-us Thu, 23 Jan 2020 00:00:00 +0530 Sat, 27 Jun 2020 22:00:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396275 The Tribunal upheld the decision of the Committee of Creditors (COC) to reject the Resolution Plan submitted by the appellant due to its terms and the appellant's related party status with the suspended director of the Corporate Debtor. The appellant was found ineligible under Section 29A of the Insolvency & Bankruptcy Code (IBC). Additionally, the Tribunal dismissed the appellant's claims of non-invitation to the COC meeting and rejected the request to exclude time from the Corporate Insolvency Resolution Process (CIRP). The appeal was dismissed with no order as to costs. Case-Laws Insolvency and Bankruptcy Thu, 23 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396275