https://www.taxtmi.com/caselaws?id=434789 The Tribunal dismissed the Appeals, ruling that the Appellants did not meet the criteria to be classified as Financial Creditors under Section 5(7) of the Code. The Resolution Plan submitted by M/s. ASG Hospitals Private Limited was approved, and the Tribunal found no fault in the Adjudicating Authority's decision. It was determined that the Appellant's claim should be pursued against the Promoter rather than the Corporate Debtor. en-us Thu, 02 Mar 2023 00:00:00 +0530 Thu, 02 Mar 2023 17:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434789 The Tribunal dismissed the Appeals, ruling that the Appellants did not meet the criteria to be classified as Financial Creditors under Section 5(7) of the Code. The Resolution Plan submitted by M/s. ASG Hospitals Private Limited was approved, and the Tribunal found no fault in the Adjudicating Authority's decision. It was determined that the Appellant's claim should be pursued against the Promoter rather than the Corporate Debtor. Case-Laws Insolvency and Bankruptcy Thu, 02 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434789