https://www.taxtmi.com/caselaws?id=449823 The Tribunal dismissed the appeal, upholding the NCLT's decision to reject the application challenging the valuation report and seeking the appointment of a fresh valuer. The delay in filing the appeal was condoned due to sufficient cause. The Tribunal found no error in the Adjudicating Authority's decision, as the valuation process complied with regulations and the Resolution Plan had been approved by the Committee of Creditors. The judgment referenced a SC precedent, affirming that valuation issues cannot be raised after the Resolution Plan's approval. en-us Fri, 16 Feb 2024 00:00:00 +0530 Tue, 20 Feb 2024 15:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449823 The Tribunal dismissed the appeal, upholding the NCLT's decision to reject the application challenging the valuation report and seeking the appointment of a fresh valuer. The delay in filing the appeal was condoned due to sufficient cause. The Tribunal found no error in the Adjudicating Authority's decision, as the valuation process complied with regulations and the Resolution Plan had been approved by the Committee of Creditors. The judgment referenced a SC precedent, affirming that valuation issues cannot be raised after the Resolution Plan's approval. Case-Laws Insolvency and Bankruptcy Fri, 16 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449823