Skip to main content
← back
Informative

Approved Resolution Plan Can't Be Set Aside Merely Due To Dissenting Financial Creditor's Dissatisfaction With Asset Valuation: NCLAT

Update / Judgement Date

19 Aug 2025

Source

Live Law

Author

Team — WCP Legal Desk

Reading Time

1 min read

Corporate Law & GovernanceInsolvency & Bankruptcy Code

The NCLAT has ruled that an "approved resolution plan can't be set aside merely due to a dissenting financial creditor's dissatisfaction with asset valuation." The tribunal's decision clarifies a key procedural aspect of the IBC. The ruling reinforces the principle that a dissenting financial creditor cannot object to a resolution plan if it is approved by a majority.