https://www.taxtmi.com/caselaws?id=400366 The Tribunal dismissed the appeal challenging the approval of the Resolution Plan and the share proportion of the Resolution Fund distribution. It emphasized the limited scope of judicial review in matters concerning the Committee of Creditors' decisions and commercial aspects of insolvency resolution. The Tribunal upheld the Resolution Plan's approval and distribution mechanism, finding no basis for judicial intervention based on the appellant's objections post-approval. en-us Mon, 02 Nov 2020 00:00:00 +0530 Thu, 05 Nov 2020 12:27:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400366 The Tribunal dismissed the appeal challenging the approval of the Resolution Plan and the share proportion of the Resolution Fund distribution. It emphasized the limited scope of judicial review in matters concerning the Committee of Creditors' decisions and commercial aspects of insolvency resolution. The Tribunal upheld the Resolution Plan's approval and distribution mechanism, finding no basis for judicial intervention based on the appellant's objections post-approval. Case-Laws Insolvency and Bankruptcy Mon, 02 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400366