https://www.taxtmi.com/caselaws?id=775649 The NCLAT upheld the impugned order, finding no error in the directions issued to the CoC regarding reconsideration of the appellant's resolution plan. The tribunal noted the CoC had already addressed the appellant's plan and that the Adjudicating Authority properly provided an opportunity for the appellant to file an affidavit. The appeal was dismissed without expressing any opinion on the CoC's actions post-20th meeting, leaving it to the Adjudicating Authority to decide on objections filed in the plan approval application. The interim order permitting the CoC to consider the appellant's plan was clarified as not reflecting any opinion. No interference with the impugned order was warranted, and the appeal was disposed of accordingly. en-us Wed, 23 Jul 2025 00:00:00 +0530 Tue, 29 Jul 2025 08:30:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775649 The NCLAT upheld the impugned order, finding no error in the directions issued to the CoC regarding reconsideration of the appellant's resolution plan. The tribunal noted the CoC had already addressed the appellant's plan and that the Adjudicating Authority properly provided an opportunity for the appellant to file an affidavit. The appeal was dismissed without expressing any opinion on the CoC's actions post-20th meeting, leaving it to the Adjudicating Authority to decide on objections filed in the plan approval application. The interim order permitting the CoC to consider the appellant's plan was clarified as not reflecting any opinion. No interference with the impugned order was warranted, and the appeal was disposed of accordingly. Case-Laws IBC Wed, 23 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775649