https://www.taxtmi.com/caselaws?id=471333 Resolution-plan approval requires verification of statutory and regulatory compliance, while creditor commercial wisdom on financial distribution is not subject to reassessment. Admitted provident fund dues must receive full protection because they fall outside the liquidation waterfall, and disputed provident fund amounts must be segregated pending adjudication to prevent compromise contrary to applicable law. Avoidance-transaction proceedings remain distinct from the corporate insolvency resolution process and may continue after plan approval where the plan preserves creditors' rights without imposing additional liability on the corporate debtor or resolution applicant. en-us Fri, 03 Feb 2023 00:00:00 +0530 Mon, 31 Aug 2026 11:44:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471333 Resolution-plan approval requires verification of statutory and regulatory compliance, while creditor commercial wisdom on financial distribution is not subject to reassessment. Admitted provident fund dues must receive full protection because they fall outside the liquidation waterfall, and disputed provident fund amounts must be segregated pending adjudication to prevent compromise contrary to applicable law. Avoidance-transaction proceedings remain distinct from the corporate insolvency resolution process and may continue after plan approval where the plan preserves creditors' rights without imposing additional liability on the corporate debtor or resolution applicant. Case-Laws IBC Fri, 03 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471333