https://www.taxtmi.com/caselaws?id=789805 In insolvency resolution, the CoC's commercial wisdom governed plan selection, valuation preference and negotiation method, and the Tribunal would interfere only for clear non-compliance with mandatory statutory requirements. A resolution plan that capped CIRP costs at actuals, with any excess met from the secured financial creditors' share, and separately provided for disputed EPF dues through escrow, was treated as compliant where the CoC had considered the issue and no prejudice was shown. Extension of the e-voting window and common clarificatory queries to resolution applicants did not amount to material procedural irregularity, as the process remained within the CIRP timeline and the final plan terms were not altered. en-us Fri, 10 Apr 2026 00:00:00 +0530 Wed, 15 Apr 2026 09:05:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789805 In insolvency resolution, the CoC's commercial wisdom governed plan selection, valuation preference and negotiation method, and the Tribunal would interfere only for clear non-compliance with mandatory statutory requirements. A resolution plan that capped CIRP costs at actuals, with any excess met from the secured financial creditors' share, and separately provided for disputed EPF dues through escrow, was treated as compliant where the CoC had considered the issue and no prejudice was shown. Extension of the e-voting window and common clarificatory queries to resolution applicants did not amount to material procedural irregularity, as the process remained within the CIRP timeline and the final plan terms were not altered. Case-Laws IBC Fri, 10 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789805