https://www.taxtmi.com/caselaws?id=788000 The note addresses whether induction of a strategic investor into a resolution plan breached regulatory vetting requirements and whether procedural non-furnishing to erstwhile directors amounted to material irregularity. It records that the investor's identity, eligibility checks and due diligence were disclosed and verified by the resolution professional, the revised plan and consortium change were placed before and deliberated by the Committee of Creditors, and the plan received unanimous CoC approval following circulation and e voting. The piece concludes that regulatory objectives were satisfied, no material irregularity was shown, and the CoC's commercial judgment on feasibility and implementability need not be displaced. en-us Thu, 25 Sep 2025 00:00:00 +0530 Fri, 13 Mar 2026 18:17:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788000 The note addresses whether induction of a strategic investor into a resolution plan breached regulatory vetting requirements and whether procedural non-furnishing to erstwhile directors amounted to material irregularity. It records that the investor's identity, eligibility checks and due diligence were disclosed and verified by the resolution professional, the revised plan and consortium change were placed before and deliberated by the Committee of Creditors, and the plan received unanimous CoC approval following circulation and e voting. The piece concludes that regulatory objectives were satisfied, no material irregularity was shown, and the CoC's commercial judgment on feasibility and implementability need not be displaced. Case-Laws IBC Thu, 25 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788000