https://www.taxtmi.com/caselaws?id=409529 The Tribunal remanded the case back to the Adjudicating Authority for a comprehensive review of the rejected Resolution Plan for M/s. Three C Homes Pvt. Ltd. The Authority's decision was questioned based on factors such as disparity between liquidation value and proposed infusion, compliance issues, and CoC decision-making. The Tribunal emphasized the importance of fulfilling homebuyers' interests in Resolution Plans, the need for expertise in evaluating Real Estate projects, and the significance of complying with updated CIRP Regulations. The matter was disposed of with no costs imposed. en-us Thu, 08 Jul 2021 00:00:00 +0530 Fri, 09 Jul 2021 13:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409529 The Tribunal remanded the case back to the Adjudicating Authority for a comprehensive review of the rejected Resolution Plan for M/s. Three C Homes Pvt. Ltd. The Authority's decision was questioned based on factors such as disparity between liquidation value and proposed infusion, compliance issues, and CoC decision-making. The Tribunal emphasized the importance of fulfilling homebuyers' interests in Resolution Plans, the need for expertise in evaluating Real Estate projects, and the significance of complying with updated CIRP Regulations. The matter was disposed of with no costs imposed. Case-Laws Insolvency and Bankruptcy Thu, 08 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409529