https://www.taxtmi.com/caselaws?id=787597 Where liquidation of a corporate debtor commences during pendency of appeals challenging approval of a resolution plan and the appellants have filed claims with the liquidator, the appeals no longer present a live controversy; the operative effect is that such appeals are rendered infructuous and may be dismissed for want of substantive relief. The document clarifies that prosecution of claims before the liquidator displaces the relief sought against resolution-plan approval and deprives appellate proceedings of practical efficacy, producing dismissal of the appeals rather than adjudication on the merits. en-us Wed, 17 Sep 2025 00:00:00 +0530 Tue, 10 Mar 2026 08:51:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787597 Where liquidation of a corporate debtor commences during pendency of appeals challenging approval of a resolution plan and the appellants have filed claims with the liquidator, the appeals no longer present a live controversy; the operative effect is that such appeals are rendered infructuous and may be dismissed for want of substantive relief. The document clarifies that prosecution of claims before the liquidator displaces the relief sought against resolution-plan approval and deprives appellate proceedings of practical efficacy, producing dismissal of the appeals rather than adjudication on the merits. Case-Laws IBC Wed, 17 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787597