https://www.taxtmi.com/caselaws?id=471596 Resolution-plan approval requires the prescribed compliance certification, creditor approval, provision for insolvency-resolution costs and stakeholder payments, and arrangements for management, implementation and supervision. Eligibility of the resolution applicant, feasibility and viability of the plan, and compliance with resolution-plan requirements and applicable law are necessary conditions. Where provision is made for disputed statutory claims, they are addressed under the plan; claims excluded from an approved plan stand extinguished. A plan meeting these conditions becomes binding on the corporate debtor and stakeholders covered by it. en-us Tue, 21 Mar 2023 00:00:00 +0530 Thu, 10 Sep 2026 10:32:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471596 Resolution-plan approval requires the prescribed compliance certification, creditor approval, provision for insolvency-resolution costs and stakeholder payments, and arrangements for management, implementation and supervision. Eligibility of the resolution applicant, feasibility and viability of the plan, and compliance with resolution-plan requirements and applicable law are necessary conditions. Where provision is made for disputed statutory claims, they are addressed under the plan; claims excluded from an approved plan stand extinguished. A plan meeting these conditions becomes binding on the corporate debtor and stakeholders covered by it. Case-Laws IBC Tue, 21 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471596