https://www.taxtmi.com/caselaws?id=790093 Perjury proceedings require prima facie proof of deliberate falsehood on a material matter, supported by distinct evidence, and must be expedient in the interest of justice. A defence affidavit that merely disputes allegations in a later challenge to a resolution plan does not become perjury absent mala fide intent, deception, or material falsity. The approved resolution plan had already attained finality under the insolvency framework, so repeated efforts to reopen the concluded process were treated as frivolous. The application for perjury action was rejected, and the costs order was upheld. en-us Fri, 17 Apr 2026 00:00:00 +0530 Mon, 20 Apr 2026 08:30:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790093 Perjury proceedings require prima facie proof of deliberate falsehood on a material matter, supported by distinct evidence, and must be expedient in the interest of justice. A defence affidavit that merely disputes allegations in a later challenge to a resolution plan does not become perjury absent mala fide intent, deception, or material falsity. The approved resolution plan had already attained finality under the insolvency framework, so repeated efforts to reopen the concluded process were treated as frivolous. The application for perjury action was rejected, and the costs order was upheld. Case-Laws IBC Fri, 17 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790093