https://www.taxtmi.com/caselaws?id=766416 The Tribunal dismissed appeals against the Resolution Plan's approval, emphasizing the unanimous decision by the Committee of Creditors (CoC) as crucial in affirming the plan's validity. It upheld the plan, citing the CoC's authority in assessing viability and feasibility. Individual objections from the Promoter and Homebuyer were considered addressed, and the Homebuyer's challenge was deemed non-maintainable due to the CoC's unanimous endorsement. The Tribunal also excused delays in filing appeals due to sufficient cause. en-us Fri, 21 Feb 2025 00:00:00 +0530 Sat, 22 Feb 2025 12:30:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766416 The Tribunal dismissed appeals against the Resolution Plan's approval, emphasizing the unanimous decision by the Committee of Creditors (CoC) as crucial in affirming the plan's validity. It upheld the plan, citing the CoC's authority in assessing viability and feasibility. Individual objections from the Promoter and Homebuyer were considered addressed, and the Homebuyer's challenge was deemed non-maintainable due to the CoC's unanimous endorsement. The Tribunal also excused delays in filing appeals due to sufficient cause. Case-Laws IBC Fri, 21 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766416