https://www.taxtmi.com/caselaws?id=399939 The Tribunal set aside the impugned orders, directing the Corporate Insolvency Resolution Process (CIRP) to resume from the stage of considering all Resolution Plans, including the Appellant's revised plan. The Committee of Creditors (CoC) was instructed to evaluate all plans within the extended timelines, excluding the period of judicial intervention from the computation of the extended timelines. The Tribunal found the rejection of the Appellant's revised offer by the Resolution Professional to be unjustified and emphasized the need for fair consideration of all plans within the framework of the Insolvency and Bankruptcy Code. en-us Mon, 19 Oct 2020 00:00:00 +0530 Fri, 23 Oct 2020 15:01:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399939 The Tribunal set aside the impugned orders, directing the Corporate Insolvency Resolution Process (CIRP) to resume from the stage of considering all Resolution Plans, including the Appellant's revised plan. The Committee of Creditors (CoC) was instructed to evaluate all plans within the extended timelines, excluding the period of judicial intervention from the computation of the extended timelines. The Tribunal found the rejection of the Appellant's revised offer by the Resolution Professional to be unjustified and emphasized the need for fair consideration of all plans within the framework of the Insolvency and Bankruptcy Code. Case-Laws Insolvency and Bankruptcy Mon, 19 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399939