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    <title>2026 (10) TMI 1873 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI (LB)</title>
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    <description>Remitted resolution plans lacking final approval may be reconsidered, and where revised resolution and settlement proposals fail prescribed voting thresholds, the Committee of Creditors may invite fresh expressions of interest absent a prohibition under the Code or Regulation 36A. Its commercial assessment of funding, feasibility and viability is not to be substituted through judicial review without a legal infirmity. Assignments of homebuyer claims processed under Regulation 28 do not retrospectively invalidate voting undertaken while original allottees remained creditors on record, particularly where no material effect on approval is shown. Intervention applications cannot introduce independent issues beyond the impugned order&#039;s subject matter.</description>
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      <description>Remitted resolution plans lacking final approval may be reconsidered, and where revised resolution and settlement proposals fail prescribed voting thresholds, the Committee of Creditors may invite fresh expressions of interest absent a prohibition under the Code or Regulation 36A. Its commercial assessment of funding, feasibility and viability is not to be substituted through judicial review without a legal infirmity. Assignments of homebuyer claims processed under Regulation 28 do not retrospectively invalidate voting undertaken while original allottees remained creditors on record, particularly where no material effect on approval is shown. Intervention applications cannot introduce independent issues beyond the impugned order&#039;s subject matter.</description>
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