https://www.taxtmi.com/caselaws?id=784971 Shareholders of a corporate debtor do not have independent locus standi to challenge approval of a resolution plan under the Insolvency and Bankruptcy Code, 2016; any grievance against the plan lies, if at all, with the corporate debtor acting through its authorised management. The Tribunal also confined its scrutiny to compliance with Section 30(2) and held that shareholders could not independently seek fraud-related reliefs under Section 65 or intervention in plan-approval proceedings. On that basis, the appeals were treated as unsustainable. en-us Fri, 05 Dec 2025 00:00:00 +0530 Thu, 15 Jan 2026 08:41:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784971 Shareholders of a corporate debtor do not have independent locus standi to challenge approval of a resolution plan under the Insolvency and Bankruptcy Code, 2016; any grievance against the plan lies, if at all, with the corporate debtor acting through its authorised management. The Tribunal also confined its scrutiny to compliance with Section 30(2) and held that shareholders could not independently seek fraud-related reliefs under Section 65 or intervention in plan-approval proceedings. On that basis, the appeals were treated as unsustainable. Case-Laws IBC Fri, 05 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784971