https://www.taxtmi.com/caselaws?id=407787 The commercial decision of the Committee of Creditors in the insolvency resolution process carries primacy, and judicial interference with that decision is confined to cases of legal infirmity. A resolution plan was rejected by a 76.02% voting share after consideration of feasibility and viability, and the liquidation order passed under the Insolvency and Bankruptcy Code was found to disclose no error warranting interference. The challenge therefore failed, and the liquidation order was upheld. en-us Wed, 19 May 2021 00:00:00 +0530 Sat, 20 Nov 2021 11:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407787 The commercial decision of the Committee of Creditors in the insolvency resolution process carries primacy, and judicial interference with that decision is confined to cases of legal infirmity. A resolution plan was rejected by a 76.02% voting share after consideration of feasibility and viability, and the liquidation order passed under the Insolvency and Bankruptcy Code was found to disclose no error warranting interference. The challenge therefore failed, and the liquidation order was upheld. Case-Laws Insolvency and Bankruptcy Wed, 19 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407787