Case Laws IBC
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Resolution-plan finality extinguishes unresolved operational-creditor proceedings unless the plan expressly preserves liability and payment rights.
Finality of an approved resolution plan fixes the treatment of corporate-debtor liabilities and binds creditors within the corporate insolvency resolution process. A disputed or unadjudicated right to payment may be submitted as a claim during CIRP, but does not independently preserve civil or arbitral proceedings after plan approval. Where the final claims list and the plan provide for discharge of pre-effective-date liabilities and extinguishment of related proceedings, unresolved operational-creditor claims survive only if the plan expressly preserves them through a defined payment or reservation mechanism.