https://www.taxtmi.com/caselaws?id=427542 The Tribunal upheld the RP's decision to partially reject the appellant's claim, reducing it to Rs.1 crore, finding no procedural unfairness in the CIRP. The Corporate Debtor's alleged breach of Consent Terms was partially upheld, with the appellant receiving Rs.10 crores but disputing the non-payment of Rs.2 crores. The appellant's claim of security interest in 15 flats was denied as the principal amount had been paid. The Tribunal dismissed the appeal, affirming the Adjudicating Authority's decision approving the resolution plan and rejecting the appellant's claims of unfairness. en-us Mon, 05 Sep 2022 00:00:00 +0530 Mon, 12 Sep 2022 08:16:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427542 The Tribunal upheld the RP's decision to partially reject the appellant's claim, reducing it to Rs.1 crore, finding no procedural unfairness in the CIRP. The Corporate Debtor's alleged breach of Consent Terms was partially upheld, with the appellant receiving Rs.10 crores but disputing the non-payment of Rs.2 crores. The appellant's claim of security interest in 15 flats was denied as the principal amount had been paid. The Tribunal dismissed the appeal, affirming the Adjudicating Authority's decision approving the resolution plan and rejecting the appellant's claims of unfairness. Case-Laws Insolvency and Bankruptcy Mon, 05 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427542