https://www.taxtmi.com/caselaws?id=796928 Distribution under a resolution plan may allocate amounts among secured financial creditors pro rata to their admitted claims, irrespective of the value of their individual security interests. Section 30(2)(b) of the Insolvency and Bankruptcy Code protects a dissenting financial creditor's minimum entitlement, while Section 30(4) leaves allocation among creditor classes and sub-classes to the Committee of Creditors' commercial wisdom. Where the distribution mechanism receives the requisite approval and a dissenting secured creditor receives more than its liquidation-value entitlement, it cannot claim a higher payout solely based on its security interest. en-us Wed, 05 Aug 2026 00:00:00 +0530 Thu, 13 Aug 2026 08:30:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796928 Distribution under a resolution plan may allocate amounts among secured financial creditors pro rata to their admitted claims, irrespective of the value of their individual security interests. Section 30(2)(b) of the Insolvency and Bankruptcy Code protects a dissenting financial creditor's minimum entitlement, while Section 30(4) leaves allocation among creditor classes and sub-classes to the Committee of Creditors' commercial wisdom. Where the distribution mechanism receives the requisite approval and a dissenting secured creditor receives more than its liquidation-value entitlement, it cannot claim a higher payout solely based on its security interest. Case-Laws IBC Wed, 05 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796928