https://www.taxtmi.com/caselaws?id=419783 The Tribunal upheld the resolution plan, finding it compliant with the Insolvency and Bankruptcy Code. It emphasized the commercial wisdom of the Committee of Creditors in approving the plan, ensuring operational creditors received at least the amount they would in liquidation. The Tribunal dismissed the appeal, with modifications to ensure compliance with West Bengal Electricity Regulatory Commission Regulations for a new power connection, including a fresh security deposit and applicable charges. en-us Tue, 15 Mar 2022 00:00:00 +0530 Mon, 21 Mar 2022 11:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419783 The Tribunal upheld the resolution plan, finding it compliant with the Insolvency and Bankruptcy Code. It emphasized the commercial wisdom of the Committee of Creditors in approving the plan, ensuring operational creditors received at least the amount they would in liquidation. The Tribunal dismissed the appeal, with modifications to ensure compliance with West Bengal Electricity Regulatory Commission Regulations for a new power connection, including a fresh security deposit and applicable charges. Case-Laws Insolvency and Bankruptcy Tue, 15 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419783