https://www.taxtmi.com/caselaws?id=407460 The Tribunal dismissed the application, emphasizing the finality of the Supreme Court's order and NCLAT's precedents. The applicant's request to implead Respondent No. 3 was denied as there is no provision in the IBC for a successful resolution applicant to withdraw post-approval. The Tribunal refused to restrain Respondent No. 3 from coercive steps, citing the Supreme Court's dismissal of the applicant's appeal. The recall of the Resolution Plan approval was deemed untenable due to the Doctrine of Merger. The plea for the return of paid amounts was rejected to uphold the Corporate Debtor's value. en-us Wed, 24 Mar 2021 00:00:00 +0530 Tue, 11 May 2021 14:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407460 The Tribunal dismissed the application, emphasizing the finality of the Supreme Court's order and NCLAT's precedents. The applicant's request to implead Respondent No. 3 was denied as there is no provision in the IBC for a successful resolution applicant to withdraw post-approval. The Tribunal refused to restrain Respondent No. 3 from coercive steps, citing the Supreme Court's dismissal of the applicant's appeal. The recall of the Resolution Plan approval was deemed untenable due to the Doctrine of Merger. The plea for the return of paid amounts was rejected to uphold the Corporate Debtor's value. Case-Laws Insolvency and Bankruptcy Wed, 24 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407460