https://www.taxtmi.com/caselaws?id=789546 Once a resolution plan is approved and incorporates a distribution mechanism, that mechanism becomes binding and cannot be altered by a Monitoring Committee constituted only for implementation. The text further states that a dissenting financial creditor must receive at least the liquidation value protected by section 30(2)(b) read with section 53 of the Insolvency and Bankruptcy Code, and that this entitlement is confined to the approved computation basis. It also notes that the dissenting creditor's payment did not include any share in auto unit sale proceeds, because those proceeds were reserved for assenting financial creditors under the plan. en-us Wed, 08 Apr 2026 00:00:00 +0530 Fri, 10 Apr 2026 09:00:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789546 Once a resolution plan is approved and incorporates a distribution mechanism, that mechanism becomes binding and cannot be altered by a Monitoring Committee constituted only for implementation. The text further states that a dissenting financial creditor must receive at least the liquidation value protected by section 30(2)(b) read with section 53 of the Insolvency and Bankruptcy Code, and that this entitlement is confined to the approved computation basis. It also notes that the dissenting creditor's payment did not include any share in auto unit sale proceeds, because those proceeds were reserved for assenting financial creditors under the plan. Case-Laws IBC Wed, 08 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789546