https://www.taxtmi.com/caselaws?id=794362 A resolution applicant who was also a financial creditor was permitted to vote on its own plan under the statutory exception, so the conflict-of-interest objection failed. The plan also satisfied the treatment required for dissenting financial creditors and statutory dues, with dissenters to be paid in priority at least up to liquidation value and government claims governed by the Code's waterfall mechanism. Feasibility, viability and CoC approval were upheld because the Committee had considered the plan and the Adjudicating Authority could not replace that commercial wisdom absent material illegality. The adverse remarks against the resolution professional were expunged, and the resolution plan was approved. en-us Tue, 30 Jun 2026 00:00:00 +0530 Sat, 04 Jul 2026 08:15:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794362 A resolution applicant who was also a financial creditor was permitted to vote on its own plan under the statutory exception, so the conflict-of-interest objection failed. The plan also satisfied the treatment required for dissenting financial creditors and statutory dues, with dissenters to be paid in priority at least up to liquidation value and government claims governed by the Code's waterfall mechanism. Feasibility, viability and CoC approval were upheld because the Committee had considered the plan and the Adjudicating Authority could not replace that commercial wisdom absent material illegality. The adverse remarks against the resolution professional were expunged, and the resolution plan was approved. Case-Laws IBC Tue, 30 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794362