https://www.taxtmi.com/caselaws?id=778602 NCLAT dismissed the appeal, holding the resolution plan was not implemented due to the appellant's failure to pay the upfront fee and subsequent instalments despite two opportunities and an extension. The CoC had earlier resolved to liquidate the corporate debtor but later approved the appellant's fresh plan with 100% votes; nevertheless the appellant paid nothing. The Tribunal's order was upheld as well-reasoned and the appeal was found devoid of merit. en-us Thu, 04 Sep 2025 00:00:00 +0530 Fri, 19 Sep 2025 08:33:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778602 NCLAT dismissed the appeal, holding the resolution plan was not implemented due to the appellant's failure to pay the upfront fee and subsequent instalments despite two opportunities and an extension. The CoC had earlier resolved to liquidate the corporate debtor but later approved the appellant's fresh plan with 100% votes; nevertheless the appellant paid nothing. The Tribunal's order was upheld as well-reasoned and the appeal was found devoid of merit. Case-Laws IBC Thu, 04 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778602