https://www.taxtmi.com/caselaws?id=403562 An appeal under the Insolvency and Bankruptcy Code was not interfered with because the alleged dispute was not a genuine existing dispute but was treated as spurious, hypothetical or illusory. The record also showed that withdrawal of the corporate insolvency resolution process under Section 12A was rejected by an overwhelming creditor vote, while the resolution plan was found compliant with Section 30(2) and Regulation 38 and approved by 99.68% of votes. On those facts, the admission of the insolvency petition and the approval of the resolution process were left undisturbed. en-us Mon, 20 Jul 2020 00:00:00 +0530 Tue, 02 Feb 2021 14:42:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403562 An appeal under the Insolvency and Bankruptcy Code was not interfered with because the alleged dispute was not a genuine existing dispute but was treated as spurious, hypothetical or illusory. The record also showed that withdrawal of the corporate insolvency resolution process under Section 12A was rejected by an overwhelming creditor vote, while the resolution plan was found compliant with Section 30(2) and Regulation 38 and approved by 99.68% of votes. On those facts, the admission of the insolvency petition and the approval of the resolution process were left undisturbed. Case-Laws Insolvency and Bankruptcy Mon, 20 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403562