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    <title>2025 (9) TMI 484 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI (LB)</title>
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    <description>NCLAT (PB) dismissed the appeal and upheld approval of the resolution plan. The Tribunal held pre-CIRP valuations irrelevant and affirmed the RP&#039;s post-CIRP valuation carried out by registered valuers as compliant. The appellant&#039;s failure to supply information was noted but did not vitiate the valuation process. Relying on precedent, the Tribunal found the suspended director/appellant lacked locus to challenge approval of the resolution plan. No error was found in the impugned order; the application approving the resolution plan stands affirmed.</description>
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    <pubDate>Thu, 04 Sep 2025 00:00:00 +0530</pubDate>
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      <title>2025 (9) TMI 484 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI (LB)</title>
      <link>https://www.taxtmi.com/caselaws?id=777995</link>
      <description>NCLAT (PB) dismissed the appeal and upheld approval of the resolution plan. The Tribunal held pre-CIRP valuations irrelevant and affirmed the RP&#039;s post-CIRP valuation carried out by registered valuers as compliant. The appellant&#039;s failure to supply information was noted but did not vitiate the valuation process. Relying on precedent, the Tribunal found the suspended director/appellant lacked locus to challenge approval of the resolution plan. No error was found in the impugned order; the application approving the resolution plan stands affirmed.</description>
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      <pubDate>Thu, 04 Sep 2025 00:00:00 +0530</pubDate>
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