https://www.taxtmi.com/caselaws?id=790022 Where a resolution plan had already been approved by the Committee of Creditors, the NCLAT held that the Adjudicating Authority could not remand it on general concerns about attached assets, disputed property, project flats, licences or pending homebuyer claims when those issues had already been considered in the plan. The Tribunal noted that the disputed property was already before pending proceedings, Section 32A protection under the Insolvency and Bankruptcy Code could apply to the provisional attachment, and the plan provided for the licence and homebuyer issues. In the absence of any identified statutory contravention or material irregularity, the Adjudicating Authority could not substitute its own view for the commercial wisdom of the Committee of Creditors, and the remand was set aside. en-us Thu, 16 Apr 2026 00:00:00 +0530 Sat, 18 Apr 2026 08:21:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790022 Where a resolution plan had already been approved by the Committee of Creditors, the NCLAT held that the Adjudicating Authority could not remand it on general concerns about attached assets, disputed property, project flats, licences or pending homebuyer claims when those issues had already been considered in the plan. The Tribunal noted that the disputed property was already before pending proceedings, Section 32A protection under the Insolvency and Bankruptcy Code could apply to the provisional attachment, and the plan provided for the licence and homebuyer issues. In the absence of any identified statutory contravention or material irregularity, the Adjudicating Authority could not substitute its own view for the commercial wisdom of the Committee of Creditors, and the remand was set aside. Case-Laws IBC Thu, 16 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790022