https://www.taxtmi.com/caselaws?id=407428 An approved resolution plan must be implemented by all stakeholders, and financial creditors were required to act in aid of that implementation by handing over the original title deeds, issuing the no objection certificate, and releasing the pledge of shares. To protect creditor and stakeholder interests while giving effect to the plan, the Tribunal also imposed a limited restraint preventing alienation of the corporate debtor's properties without prior specific leave. The application was disposed of by enforcing the approved plan together with this ancillary protective direction, which was not to defeat the plan but to secure compliance. en-us Mon, 26 Apr 2021 00:00:00 +0530 Tue, 11 May 2021 08:36:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407428 An approved resolution plan must be implemented by all stakeholders, and financial creditors were required to act in aid of that implementation by handing over the original title deeds, issuing the no objection certificate, and releasing the pledge of shares. To protect creditor and stakeholder interests while giving effect to the plan, the Tribunal also imposed a limited restraint preventing alienation of the corporate debtor's properties without prior specific leave. The application was disposed of by enforcing the approved plan together with this ancillary protective direction, which was not to defeat the plan but to secure compliance. Case-Laws Insolvency and Bankruptcy Mon, 26 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407428