https://www.taxtmi.com/caselaws?id=396568 The Tribunal dismissed the appeal by 'M/s Prashant Properties Pvt. Ltd.,' holding that the Adjudicating Authority lacked jurisdiction to review its decision after approving the Resolution Plan. The Appellant's claims regarding brand usage and intervention were rejected, emphasizing that the approved Plan was binding on all stakeholders, including creditors. As an Operational Creditor, the Appellant could not seek intervention post-approval, and the Tribunal found no grounds to challenge the finality of the approved Plan. The appeal was dismissed without costs. en-us Fri, 05 Jun 2020 00:00:00 +0530 Sat, 11 Jul 2020 11:07:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396568 The Tribunal dismissed the appeal by 'M/s Prashant Properties Pvt. Ltd.,' holding that the Adjudicating Authority lacked jurisdiction to review its decision after approving the Resolution Plan. The Appellant's claims regarding brand usage and intervention were rejected, emphasizing that the approved Plan was binding on all stakeholders, including creditors. As an Operational Creditor, the Appellant could not seek intervention post-approval, and the Tribunal found no grounds to challenge the finality of the approved Plan. The appeal was dismissed without costs. Case-Laws Insolvency and Bankruptcy Fri, 05 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396568