https://www.taxtmi.com/caselaws?id=769996 Insolvency appeals may be maintained by operational creditors, erstwhile promoters and other stakeholders who are persons aggrieved by the challenged order. Insolvency fora cannot review public-law attachment orders under anti-money-laundering law while exercising appellate jurisdiction under the Insolvency and Bankruptcy Code. Resolution-plan approval requires strict compliance with the corporate insolvency resolution timeline, bidder eligibility, and mandatory plan requirements concerning priority and feasibility. Subsequent payments or implementation cannot cure approval obtained in breach of those requirements. Non-compliant plan approval is invalid, resulting in rejection of the plan and liquidation of the corporate debtor, with consequential reliefs determined according to law. en-us Fri, 02 May 2025 00:00:00 +0530 Sat, 03 May 2025 13:41:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769996 Insolvency appeals may be maintained by operational creditors, erstwhile promoters and other stakeholders who are persons aggrieved by the challenged order. Insolvency fora cannot review public-law attachment orders under anti-money-laundering law while exercising appellate jurisdiction under the Insolvency and Bankruptcy Code. Resolution-plan approval requires strict compliance with the corporate insolvency resolution timeline, bidder eligibility, and mandatory plan requirements concerning priority and feasibility. Subsequent payments or implementation cannot cure approval obtained in breach of those requirements. Non-compliant plan approval is invalid, resulting in rejection of the plan and liquidation of the corporate debtor, with consequential reliefs determined according to law. Case-Laws IBC Fri, 02 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769996