https://www.taxtmi.com/caselaws?id=467181 Whether a belated Expression of Interest (EoI) must be accepted was resolved by prioritising the Committee of Creditors' commercial wisdom and the limited authority of the Resolution Professional; the tribunal found the Adjudicating Authority did not err in refusing to direct acceptance of a single late EoI where the CoC had, in its commercial judgment, declined belated submissions to preserve fairness and had resolved to pursue liquidation. The regulatory framework permits refusal of belated EoIs once the CoC has taken a clear commercial decision, and the appeal was dismissed accordingly. en-us Tue, 18 Mar 2025 00:00:00 +0530 Tue, 10 Mar 2026 08:51:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467181 Whether a belated Expression of Interest (EoI) must be accepted was resolved by prioritising the Committee of Creditors' commercial wisdom and the limited authority of the Resolution Professional; the tribunal found the Adjudicating Authority did not err in refusing to direct acceptance of a single late EoI where the CoC had, in its commercial judgment, declined belated submissions to preserve fairness and had resolved to pursue liquidation. The regulatory framework permits refusal of belated EoIs once the CoC has taken a clear commercial decision, and the appeal was dismissed accordingly. Case-Laws IBC Tue, 18 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467181