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2022 (1) TMI 1256 - AT - Insolvency and BankruptcyModification of Resolution Plan - Case of appellant is that, the modifications of the Applicant’s plan were known to everyone hence no opportunity ought to have been given to others to modify their plan - HELD THAT:- The Adjudicating Authority has rightly observed that for not to disturb level playing field, the other resolution applicants were also permitted to give modifications of the resolution plan. Learned Counsel for the Appellant submits that the Regulation 39(1A) as amended on 30th September, 2021 was not applicable and Resolution Professional has wrongly said that said Regulation is applicable. There are no justification to enter into the said issue and give any decision with regard to the above in the facts of the present case. Appeal dismissed.
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