https://www.taxtmi.com/caselaws?id=399411 The Tribunal upheld the Resolution Professional's decision to convert the Greater Noida Authority's claim to an operational debt, thereby denying them voting rights in the Committee of Creditors. The Tribunal found the conversion appropriate, emphasizing the significance of accurately categorizing claims in insolvency proceedings. Further proceedings were scheduled for Resolution Plan approval, emphasizing the application of legal principles in determining creditor rights. en-us Fri, 28 Feb 2020 00:00:00 +0530 Sat, 10 Oct 2020 11:48:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399411 The Tribunal upheld the Resolution Professional's decision to convert the Greater Noida Authority's claim to an operational debt, thereby denying them voting rights in the Committee of Creditors. The Tribunal found the conversion appropriate, emphasizing the significance of accurately categorizing claims in insolvency proceedings. Further proceedings were scheduled for Resolution Plan approval, emphasizing the application of legal principles in determining creditor rights. Case-Laws Insolvency and Bankruptcy Fri, 28 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399411