https://www.taxtmi.com/caselaws?id=431361 The Tribunal dismissed the appeal, upholding the Adjudicating Authority's approval of the Resolution Plan of the Corporate Debtor. It was determined that the Agreement to Sell did not confer ownership rights on the Appellant, and the Resolution Professional acted within the statutory framework by including the project land in the pool of assets. The approval of the Resolution Plan without deciding the pending Interlocutory Applications was deemed not to vitiate the Corporate Insolvency Resolution Process. The appeal was found devoid of merit, and no costs were awarded. en-us Tue, 06 Dec 2022 00:00:00 +0530 Mon, 12 Dec 2022 06:08:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431361 The Tribunal dismissed the appeal, upholding the Adjudicating Authority's approval of the Resolution Plan of the Corporate Debtor. It was determined that the Agreement to Sell did not confer ownership rights on the Appellant, and the Resolution Professional acted within the statutory framework by including the project land in the pool of assets. The approval of the Resolution Plan without deciding the pending Interlocutory Applications was deemed not to vitiate the Corporate Insolvency Resolution Process. The appeal was found devoid of merit, and no costs were awarded. Case-Laws Insolvency and Bankruptcy Tue, 06 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431361