https://www.taxtmi.com/caselaws?id=407944 The Tribunal ruled in favor of the maintainability of applications filed by Tantia-MPPL (WILO) JV and Krishna Hi-Tech Infrastructure Private Limited against the Resolution Professional of Tantia Constructions Limited post the approval of the Resolution Plan. The Tribunal emphasized the need to address potential injustice and ensure fairness by allowing the applications to proceed for merit-based consideration, rejecting objections based on the approved Resolution Plan's impact. The decision highlighted the importance of timely judicial intervention to rectify discrepancies and prevent delays in the resolution process. en-us Mon, 17 May 2021 00:00:00 +0530 Thu, 27 May 2021 08:34:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407944 The Tribunal ruled in favor of the maintainability of applications filed by Tantia-MPPL (WILO) JV and Krishna Hi-Tech Infrastructure Private Limited against the Resolution Professional of Tantia Constructions Limited post the approval of the Resolution Plan. The Tribunal emphasized the need to address potential injustice and ensure fairness by allowing the applications to proceed for merit-based consideration, rejecting objections based on the approved Resolution Plan's impact. The decision highlighted the importance of timely judicial intervention to rectify discrepancies and prevent delays in the resolution process. Case-Laws Insolvency and Bankruptcy Mon, 17 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407944