https://www.taxtmi.com/caselaws?id=785478 Expunction of adverse judicial observations was ordered where the adjudicating authority made findings about initiation of investigation and group company status without supporting material; those observations were removed as there was no evidence on record. The tribunal found that identification of certain entities as group companies of a finance company was unsupported by financial records and that adverse directions excluding entities from the Committee of Creditors were made without factual basis; exclusion of any CoC member requires adequate opportunity to be heard, and the impugned observations were expunged accordingly. en-us Thu, 22 Jan 2026 00:00:00 +0530 Fri, 23 Jan 2026 11:35:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785478 Expunction of adverse judicial observations was ordered where the adjudicating authority made findings about initiation of investigation and group company status without supporting material; those observations were removed as there was no evidence on record. The tribunal found that identification of certain entities as group companies of a finance company was unsupported by financial records and that adverse directions excluding entities from the Committee of Creditors were made without factual basis; exclusion of any CoC member requires adequate opportunity to be heard, and the impugned observations were expunged accordingly. Case-Laws IBC Thu, 22 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785478