https://www.taxtmi.com/caselaws?id=430142 The Tribunal dismissed the appeal by the Department of Customs, as its claim was time-barred and not included in the approved Resolution Plan. The commercial wisdom of the Committee of Creditors in approving the plan was upheld, emphasizing that their decisions are final and not subject to judicial review. The binding nature of the Resolution Plan on all stakeholders, including government authorities, was reaffirmed. The Tribunal found no merit in the Appellant's case and dismissed the appeal without any order as to costs. en-us Fri, 11 Nov 2022 00:00:00 +0530 Fri, 11 Nov 2022 16:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430142 The Tribunal dismissed the appeal by the Department of Customs, as its claim was time-barred and not included in the approved Resolution Plan. The commercial wisdom of the Committee of Creditors in approving the plan was upheld, emphasizing that their decisions are final and not subject to judicial review. The binding nature of the Resolution Plan on all stakeholders, including government authorities, was reaffirmed. The Tribunal found no merit in the Appellant's case and dismissed the appeal without any order as to costs. Case-Laws Insolvency and Bankruptcy Fri, 11 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430142