https://www.taxtmi.com/caselaws?id=410243 The Tribunal dismissed the Appeal against the Impugned Order approving the Resolution Plan in the Corporate Insolvency Resolution Process (CIRP) of the Corporate Debtor. It upheld the Resolution Plan's compliance with the Insolvency and Bankruptcy Code (IBC) provisions and the approval by the Committee of Creditors (CoC). The Tribunal found no fault in the treatment of Operational Creditors in the Resolution Plan, including the exclusion of statutory dues, and affirmed the binding nature of the Resolution Plan post-approval. en-us Tue, 27 Jul 2021 00:00:00 +0530 Wed, 28 Jul 2021 14:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410243 The Tribunal dismissed the Appeal against the Impugned Order approving the Resolution Plan in the Corporate Insolvency Resolution Process (CIRP) of the Corporate Debtor. It upheld the Resolution Plan's compliance with the Insolvency and Bankruptcy Code (IBC) provisions and the approval by the Committee of Creditors (CoC). The Tribunal found no fault in the treatment of Operational Creditors in the Resolution Plan, including the exclusion of statutory dues, and affirmed the binding nature of the Resolution Plan post-approval. Case-Laws Insolvency and Bankruptcy Tue, 27 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410243