https://www.taxtmi.com/caselaws?id=297181 A resolution plan approved by the Committee of Creditors with 100% voting share was found to meet the requirements of section 30 of the Insolvency and Bankruptcy Code, including provision for insolvency resolution process costs, treatment of operational creditors, implementation and supervision, and compliance certification. The Adjudicating Authority approved the plan under section 31 and directed it to operate as a going-concern revival plan binding the corporate debtor and all stakeholders. It also held that it had no jurisdiction to grant waiver of tax dues or similar reliefs sought in the plan, leaving such requests to be pursued before the concerned authorities. en-us Tue, 04 Jun 2019 00:00:00 +0530 Sun, 22 Aug 2021 12:07:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297181 A resolution plan approved by the Committee of Creditors with 100% voting share was found to meet the requirements of section 30 of the Insolvency and Bankruptcy Code, including provision for insolvency resolution process costs, treatment of operational creditors, implementation and supervision, and compliance certification. The Adjudicating Authority approved the plan under section 31 and directed it to operate as a going-concern revival plan binding the corporate debtor and all stakeholders. It also held that it had no jurisdiction to grant waiver of tax dues or similar reliefs sought in the plan, leaving such requests to be pursued before the concerned authorities. Case-Laws Insolvency and Bankruptcy Tue, 04 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297181