https://www.taxtmi.com/caselaws?id=419076 The Appellate Tribunal set aside the order approving the resolution plan due to various irregularities, including valuation discrepancies, exclusion of unsecured creditors, non-publication of Form-G, ineligibility of the resolution applicant, lack of CoC approval for the revised plan, failure to consider a settlement proposal under Section 12A, and discrimination against related party creditors. The Tribunal directed the Resolution Professional to restart the Corporate Insolvency Resolution Process (CIRP) from the publication of Form-G stage, consider the settlement offer, and ensure fair treatment of related party creditors. en-us Thu, 17 Feb 2022 00:00:00 +0530 Wed, 02 Mar 2022 12:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419076 The Appellate Tribunal set aside the order approving the resolution plan due to various irregularities, including valuation discrepancies, exclusion of unsecured creditors, non-publication of Form-G, ineligibility of the resolution applicant, lack of CoC approval for the revised plan, failure to consider a settlement proposal under Section 12A, and discrimination against related party creditors. The Tribunal directed the Resolution Professional to restart the Corporate Insolvency Resolution Process (CIRP) from the publication of Form-G stage, consider the settlement offer, and ensure fair treatment of related party creditors. Case-Laws Insolvency and Bankruptcy Thu, 17 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419076