https://www.taxtmi.com/caselaws?id=777709 NCLAT dismissed the appeal, finding no merit to disturb the Tribunal's decision. The IRP initially constituted the CoC based on collated claims, filed under Regulation 17, but later reconstituted it by excluding two major financial creditors and leaving a single member with 0.18% voting share-a reconstitution the Tribunal characterized as mischievous. The Appellate Tribunal declined to interfere with the Tribunal's considered directions regarding IAs before it and rejected related ancillary applications, upholding the Tribunal's order in full. en-us Tue, 12 Aug 2025 00:00:00 +0530 Thu, 04 Sep 2025 08:40:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777709 NCLAT dismissed the appeal, finding no merit to disturb the Tribunal's decision. The IRP initially constituted the CoC based on collated claims, filed under Regulation 17, but later reconstituted it by excluding two major financial creditors and leaving a single member with 0.18% voting share-a reconstitution the Tribunal characterized as mischievous. The Appellate Tribunal declined to interfere with the Tribunal's considered directions regarding IAs before it and rejected related ancillary applications, upholding the Tribunal's order in full. Case-Laws IBC Tue, 12 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777709