https://www.taxtmi.com/caselaws?id=768543 NCLAT dismissed homebuyers' appeal challenging their exclusion from CoC voting rights despite holding valid Builder Buyer Agreements. The tribunal found the appeal infructuous as the Resolution Plan had already been approved by the Adjudicating Authority in 2022 and subsequently reaffirmed by NCLAT in related cases. The tribunal upheld the commercial wisdom of CoC and declined to interfere with the approved Resolution Plan, noting appellants held only minuscule voting shares. en-us Fri, 04 Apr 2025 00:00:00 +0530 Wed, 09 Apr 2025 07:42:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768543 NCLAT dismissed homebuyers' appeal challenging their exclusion from CoC voting rights despite holding valid Builder Buyer Agreements. The tribunal found the appeal infructuous as the Resolution Plan had already been approved by the Adjudicating Authority in 2022 and subsequently reaffirmed by NCLAT in related cases. The tribunal upheld the commercial wisdom of CoC and declined to interfere with the approved Resolution Plan, noting appellants held only minuscule voting shares. Case-Laws IBC Fri, 04 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768543