https://www.taxtmi.com/caselaws?id=775763 A resolution plan was held to remain unimplemented because the successful resolution applicant failed to obtain the necessary regulatory approvals within the statutory timeline, even after about three years from approval of the plan. The Court found no basis to interfere with the NCLAT's view that the appellant had not secured the required clearances and, on that factual basis, the plan had not been implemented. The appeal was dismissed. en-us Wed, 23 Jul 2025 00:00:00 +0530 Thu, 31 Jul 2025 08:17:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775763 A resolution plan was held to remain unimplemented because the successful resolution applicant failed to obtain the necessary regulatory approvals within the statutory timeline, even after about three years from approval of the plan. The Court found no basis to interfere with the NCLAT's view that the appellant had not secured the required clearances and, on that factual basis, the plan had not been implemented. The appeal was dismissed. Case-Laws IBC Wed, 23 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775763