https://www.taxtmi.com/caselaws?id=777381 The SC dismissed the appeal and affirmed the NCLAT order dated 01.07.2024, holding there was no reason to interfere. The Court agreed that the adjudicatory scope of the NCLT and the Appellate Tribunal is confined to assessing whether a resolution plan complies with Section 30(2)(e) of the IBC, limiting judicial review to statutory requirements rather than merits of commercial decisions. The impugned resolution plan and the tribunal's conclusion were therefore upheld. en-us Mon, 25 Aug 2025 00:00:00 +0530 Fri, 29 Aug 2025 08:56:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777381 The SC dismissed the appeal and affirmed the NCLAT order dated 01.07.2024, holding there was no reason to interfere. The Court agreed that the adjudicatory scope of the NCLT and the Appellate Tribunal is confined to assessing whether a resolution plan complies with Section 30(2)(e) of the IBC, limiting judicial review to statutory requirements rather than merits of commercial decisions. The impugned resolution plan and the tribunal's conclusion were therefore upheld. Case-Laws IBC Mon, 25 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777381