https://www.taxtmi.com/caselaws?id=423546 The Supreme Court declined to entertain an appeal by a resolution applicant in a corporate insolvency resolution process involving B.B. Foods Pvt. Ltd. The Court upheld the Adjudicating Authority's decision to allow the appellant to amend its resolution plan while also permitting the other applicant to modify their plan to ensure a level playing field. The Court emphasized the Authority's discretion in balancing the positions of the resolution applicants and dismissed the appeal, leaving further examination to the Authority in accordance with the law. en-us Fri, 25 Feb 2022 00:00:00 +0530 Thu, 09 Jun 2022 08:16:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423546 The Supreme Court declined to entertain an appeal by a resolution applicant in a corporate insolvency resolution process involving B.B. Foods Pvt. Ltd. The Court upheld the Adjudicating Authority's decision to allow the appellant to amend its resolution plan while also permitting the other applicant to modify their plan to ensure a level playing field. The Court emphasized the Authority's discretion in balancing the positions of the resolution applicants and dismissed the appeal, leaving further examination to the Authority in accordance with the law. Case-Laws Insolvency and Bankruptcy Fri, 25 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423546