NCLAT's intervention in the resolution plan allocation of funds to the operational creditor is unwarranted if above the liquidation value threshold
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![NCLAT's intervention in the resolution plan allocation of funds to the operational creditor is unwarranted if above the liquidation value threshold](https://static.wixstatic.com/media/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.webp)
![](https://static.wixstatic.com/media/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.webp)
![NCLAT rules in favour of the Appellant, setting aside the NCLT's decision, and mandates the inclusion of the Appellant in CoC with voting rights during the CIRP](https://static.wixstatic.com/media/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.webp)
- May 3
- 2 min
NCLAT rules in favour of the Appellant, setting aside the NCLT's decision, and mandates the inclusion of the Appellant in CoC with voting rights during the CIRP
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![Commercial wisdom of the Committee of Creditors in approving a Resolution Plan is not subject to judicial review unless it violates statutory provisions](https://static.wixstatic.com/media/d515a3_afb3adc49d7c4ffe8b811152ad902b39~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_afb3adc49d7c4ffe8b811152ad902b39~mv2.webp)
- May 3
- 2 min
Commercial wisdom of the Committee of Creditors in approving a Resolution Plan is not subject to judicial review unless it violates statutory provisions
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![Cyber fraud does not constitute necessarily a pre-existing dispute between the Operational Creditor and Corporate Debtor under the IBC](https://static.wixstatic.com/media/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.webp)
- May 2
- 2 min
Cyber fraud does not constitute necessarily a pre-existing dispute between the Operational Creditor and Corporate Debtor under the IBC
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![Dissenting financial creditors are entitled to payment not less than what they would receive in case of liquidation](https://static.wixstatic.com/media/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.webp)
- May 2
- 2 min
Dissenting financial creditors are entitled to payment not less than what they would receive in case of liquidation
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![Granting extensions for payment does not constitute a modification of the Resolution Plan](https://static.wixstatic.com/media/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.webp)
- May 1
- 2 min
Granting extensions for payment does not constitute a modification of the Resolution Plan
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![NCLAT Stresses Procedural Integrity, Validity of Claims, Transparency, and Conflict of Interest](https://static.wixstatic.com/media/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.webp)
- May 1
- 3 min
NCLAT Stresses Procedural Integrity, Validity of Claims, Transparency, and Conflict of Interest
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![Mere Affirmation Of CIRP Admission Does Not Preclude The Adjudicating Authority From Examining The Intervention Application's Merits](https://static.wixstatic.com/media/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.webp)
- Apr 30
- 2 min
Mere Affirmation Of CIRP Admission Does Not Preclude The Adjudicating Authority From Examining The Intervention Application's Merits
![](https://static.wixstatic.com/media/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.webp)
![Home buyers and allottees of real estate projects are categorized as financial creditors regardless of whether they have invoked remedies under RERA](https://static.wixstatic.com/media/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_0aac6e7a36ec461e9d747ca6eae09211~mv2.webp)
- Apr 22
- 2 min
Home buyers and allottees of real estate projects are categorized as financial creditors regardless of whether they have invoked remedies under RERA
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![Auction Purchaser cannot claim the interest on the sale consideration for the delay in issuing the Sale Certificate](https://static.wixstatic.com/media/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_c1b9b022c9eb40c9b10f3364a50edae9~mv2.webp)
- Apr 22
- 2 min
Auction Purchaser cannot claim the interest on the sale consideration for the delay in issuing the Sale Certificate