https://www.taxtmi.com/caselaws?id=768602 NCLAT held that RP may continue CIRP proceedings despite IBBI's show cause notice and AFA suspension, as the notice does not prohibit ongoing assignments. SC had directed CoC to reconsider appellant's resolution plan dated 28.10.2022. With intervention petitions and applications pending since CIRP commenced on 21.10.2021, stopping the process would further delay resolution. Adjudicating Authority must consider all pending applications including plan approval per SC directions. Appeal disposed. en-us Fri, 04 Apr 2025 00:00:00 +0530 Thu, 10 Apr 2025 08:32:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768602 NCLAT held that RP may continue CIRP proceedings despite IBBI's show cause notice and AFA suspension, as the notice does not prohibit ongoing assignments. SC had directed CoC to reconsider appellant's resolution plan dated 28.10.2022. With intervention petitions and applications pending since CIRP commenced on 21.10.2021, stopping the process would further delay resolution. Adjudicating Authority must consider all pending applications including plan approval per SC directions. Appeal disposed. Case-Laws IBC Fri, 04 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768602