https://www.taxtmi.com/caselaws?id=470618 A resolution plan unanimously approved by the Committee of Creditors may be approved where it satisfies mandatory requirements under the Insolvency and Bankruptcy Code, 2016 and the CIRP Regulations. The stated plan provided for resolution process costs, statutory minimum stakeholder payments, eligible resolution applicants, and management and implementation arrangements, and was approved with its addendum. Reliefs directly connected with the resolution process fell within the adjudicating authority's jurisdiction. However, approval of the plan did not automatically grant waivers, permissions, or approvals reserved for governmental, tax, regulatory, or other competent authorities; unidentified, future, and contingent reliefs were not accepted. en-us Thu, 27 Apr 2023 00:00:00 +0530 Sat, 01 Aug 2026 11:38:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470618 A resolution plan unanimously approved by the Committee of Creditors may be approved where it satisfies mandatory requirements under the Insolvency and Bankruptcy Code, 2016 and the CIRP Regulations. The stated plan provided for resolution process costs, statutory minimum stakeholder payments, eligible resolution applicants, and management and implementation arrangements, and was approved with its addendum. Reliefs directly connected with the resolution process fell within the adjudicating authority's jurisdiction. However, approval of the plan did not automatically grant waivers, permissions, or approvals reserved for governmental, tax, regulatory, or other competent authorities; unidentified, future, and contingent reliefs were not accepted. Case-Laws IBC Thu, 27 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470618