https://www.taxtmi.com/caselaws?id=296943 The National Company Law Tribunal, Kolkata Bench, directed a resolution applicant to submit necessary documents to determine their status under Section 29A of the Insolvency and Bankruptcy Code after their expression of interest was unjustly rejected. The Tribunal clarified that the approval or rejection of Resolution Plans rests with the Committee of Creditors, emphasizing adherence to procedural requirements. The judgment underscored the importance of due process and the exclusive authority of the Committee of Creditors in evaluating Resolution Plans. en-us Thu, 08 Mar 2018 00:00:00 +0530 Thu, 12 Aug 2021 21:22:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296943 The National Company Law Tribunal, Kolkata Bench, directed a resolution applicant to submit necessary documents to determine their status under Section 29A of the Insolvency and Bankruptcy Code after their expression of interest was unjustly rejected. The Tribunal clarified that the approval or rejection of Resolution Plans rests with the Committee of Creditors, emphasizing adherence to procedural requirements. The judgment underscored the importance of due process and the exclusive authority of the Committee of Creditors in evaluating Resolution Plans. Case-Laws Insolvency and Bankruptcy Thu, 08 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296943