https://www.taxtmi.com/caselaws?id=398472 The Resolution Plan was approved under Section 31(1) of the Insolvency and Bankruptcy Code, 2016, with 100% voting share from the Committee of Creditors. The objections raised by the ex-management regarding property valuation and participation in COC meetings were dismissed for lack of merit. The Compliance with the IBC, 2016, and related regulations was demonstrated, emphasizing the COC's paramount role in approving the plan. The Adjudicating Authority's judicial review was limited to ensuring compliance, and specific compliance with amended Form-H and performance security requirements was confirmed. The Resolution Plan's implementation and monitoring were outlined, binding all stakeholders and ending the moratorium. en-us Fri, 24 Jul 2020 00:00:00 +0530 Thu, 17 Sep 2020 10:19:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398472 The Resolution Plan was approved under Section 31(1) of the Insolvency and Bankruptcy Code, 2016, with 100% voting share from the Committee of Creditors. The objections raised by the ex-management regarding property valuation and participation in COC meetings were dismissed for lack of merit. The Compliance with the IBC, 2016, and related regulations was demonstrated, emphasizing the COC's paramount role in approving the plan. The Adjudicating Authority's judicial review was limited to ensuring compliance, and specific compliance with amended Form-H and performance security requirements was confirmed. The Resolution Plan's implementation and monitoring were outlined, binding all stakeholders and ending the moratorium. Case-Laws Insolvency and Bankruptcy Fri, 24 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398472