https://www.taxtmi.com/caselaws?id=409574 The Tribunal upheld the approval of the Resolution Plan, finding that the Resolution Professional complied with IBBI Regulations and the Insolvency and Bankruptcy Code. It determined that the CoC's decision did not need to match the liquidation value and dismissed the appeal, emphasizing limited judicial review of CoC's commercial decisions. The Tribunal also found no discrimination between employee and consultant doctors and deemed discrepancies in valuation reports as not warranting a third valuer's appointment. The appeal lacked merit, and the stay application was closed. en-us Fri, 09 Jul 2021 00:00:00 +0530 Sun, 11 Jul 2021 16:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409574 The Tribunal upheld the approval of the Resolution Plan, finding that the Resolution Professional complied with IBBI Regulations and the Insolvency and Bankruptcy Code. It determined that the CoC's decision did not need to match the liquidation value and dismissed the appeal, emphasizing limited judicial review of CoC's commercial decisions. The Tribunal also found no discrimination between employee and consultant doctors and deemed discrepancies in valuation reports as not warranting a third valuer's appointment. The appeal lacked merit, and the stay application was closed. Case-Laws Insolvency and Bankruptcy Fri, 09 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409574