https://www.taxtmi.com/caselaws?id=781216 NCLAT dismissed the appeal, upholding the Adjudicating Authority's refusal to furnish the first set of valuation reports to the suspended management. The Tribunal held the RP complied with Section 24 IBC: notices were timely, the two valuation reports arrived only on the meeting date and contained confidential information not mandatorily shareable with participants lacking CoC membership or confidentiality undertakings. The suspended management was excluded only during confidential deliberations but permitted to rejoin for other agenda items. The CoC's commercial judgment in discarding the initial reports was respected; no interference warranted. en-us Wed, 29 Oct 2025 00:00:00 +0530 Thu, 13 Nov 2025 08:14:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781216 NCLAT dismissed the appeal, upholding the Adjudicating Authority's refusal to furnish the first set of valuation reports to the suspended management. The Tribunal held the RP complied with Section 24 IBC: notices were timely, the two valuation reports arrived only on the meeting date and contained confidential information not mandatorily shareable with participants lacking CoC membership or confidentiality undertakings. The suspended management was excluded only during confidential deliberations but permitted to rejoin for other agenda items. The CoC's commercial judgment in discarding the initial reports was respected; no interference warranted. Case-Laws IBC Wed, 29 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781216