https://www.taxtmi.com/caselaws?id=427331 The Tribunal dismissed the appeal, upholding the Adjudicating Authority's decision. The Appellant was found not entitled to relief under Section 60(5) of the Insolvency and Bankruptcy Code (IBC) and lacked standing to challenge the approved Resolution Plan as a dissenting secured creditor. The Tribunal emphasized the supremacy of the Committee of Creditors' commercial wisdom, ruling that the alleged discrimination did not warrant interference with the approved plan. The decision was in line with established precedents and principles, leading to the dismissal of the appeal. en-us Fri, 02 Sep 2022 00:00:00 +0530 Tue, 06 Sep 2022 12:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427331 The Tribunal dismissed the appeal, upholding the Adjudicating Authority's decision. The Appellant was found not entitled to relief under Section 60(5) of the Insolvency and Bankruptcy Code (IBC) and lacked standing to challenge the approved Resolution Plan as a dissenting secured creditor. The Tribunal emphasized the supremacy of the Committee of Creditors' commercial wisdom, ruling that the alleged discrimination did not warrant interference with the approved plan. The decision was in line with established precedents and principles, leading to the dismissal of the appeal. Case-Laws Insolvency and Bankruptcy Fri, 02 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427331