Once Resolution Plan is approved by COC, it is binding on all stakeholders. High Court quashed Assessment order and penalty…
NCLAT or NCLT cannot sit in an appeal over the commercial wisdom of Committee of Creditors – Supreme Court ABCAUS…
No modifications or withdrawals of CoC-approved Resolution Plans at behest of successful Resolution Applicant once plan submitted to Adjudicating Authority-…
Appellate Tribunal cannot sit in appeal on commercial wisdom of the ‘Committee of Creditors’ and to annul the resolution plan.…
Consideration of matters / issues by the committee of creditors on request by members of the committee Insolvency and Bankruptcy…
Non member has no voting right in Committee of Creditors under IBC-2016. Non member cannot be regarded voted against a…