https://www.taxtmi.com/caselaws?id=291903 The Tribunal dismissed the Applicant's Miscellaneous Application, upholding the legality of the Committee of Creditors (CoC)'s constitution and the rejection of the Applicant's resolution plan. It affirmed Respondent No. 2 as a valid financial creditor and deemed its participation in the CoC lawful. The Tribunal emphasized that the CoC's decision-making rights, including the approval or rejection of resolution plans, could not be interfered with based on the Applicant's contentions. en-us Tue, 15 Oct 2019 00:00:00 +0530 Mon, 30 Nov 2020 10:05:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291903 The Tribunal dismissed the Applicant's Miscellaneous Application, upholding the legality of the Committee of Creditors (CoC)'s constitution and the rejection of the Applicant's resolution plan. It affirmed Respondent No. 2 as a valid financial creditor and deemed its participation in the CoC lawful. The Tribunal emphasized that the CoC's decision-making rights, including the approval or rejection of resolution plans, could not be interfered with based on the Applicant's contentions. Case-Laws Insolvency and Bankruptcy Tue, 15 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291903