https://www.taxtmi.com/caselaws?id=299110 The appeal against the split order in a Corporate Insolvency Resolution Process involving a resolution plan's valuation was disposed of. The Tribunal directed the Resolution Professional to refer the matter to a third Member for opinion, emphasizing adherence to due process for a fair resolution. Dissenting orders by two Members were noted, with further determination left to the third Member and potential review by the Appellate Tribunal if needed. The judgment underscored the importance of a lawful and comprehensive resolution process in corporate insolvency cases to ensure fairness and justice. en-us Thu, 17 Oct 2019 00:00:00 +0530 Fri, 03 Dec 2021 18:39:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299110 The appeal against the split order in a Corporate Insolvency Resolution Process involving a resolution plan's valuation was disposed of. The Tribunal directed the Resolution Professional to refer the matter to a third Member for opinion, emphasizing adherence to due process for a fair resolution. Dissenting orders by two Members were noted, with further determination left to the third Member and potential review by the Appellate Tribunal if needed. The judgment underscored the importance of a lawful and comprehensive resolution process in corporate insolvency cases to ensure fairness and justice. Case-Laws Companies Law Thu, 17 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299110