https://www.taxtmi.com/highlights?id=61980 Approval of the Resolution Plan approved by the Committee of Creditors (CoC) - Commercial Wisdom of the CoC with respect to viability and financial decision taken while evaluating the Resolution Plan has to prevail, unless the Plan approved by the CoC is in conflict with any provision of the law and the distribution mechanisation suppressed the interest of the stakeholders besides taking care of the maximisation of the value of the assets of the corporate debtor, judicial intervention would not be warranted. - AT en-us Thu, 17 Feb 2022 13:35:51 +0530 Thu, 17 Feb 2022 13:35:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=61980 Approval of the Resolution Plan approved by the Committee of Creditors (CoC) - Commercial Wisdom of the CoC with respect to viability and financial decision taken while evaluating the Resolution Plan has to prevail, unless the Plan approved by the CoC is in conflict with any provision of the law and the distribution mechanisation suppressed the interest of the stakeholders besides taking care of the maximisation of the value of the assets of the corporate debtor, judicial intervention would not be warranted. - AT Highlights Insolvency and Bankruptcy Thu, 17 Feb 2022 13:35:51 +0530 https://www.taxtmi.com/highlights?id=61980