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2019 (8) TMI 828 - AT - Insolvency and BankruptcyApproval of Resolution plan - feasibility and viability of the resolution plan - Appellants also earlier raised the question of ineligibility of the ‘resolution applicant’, which was not accepted by this Appellate Tribunal and the appeals preferred by the two Appellant Banks were dismissed as withdrawn without any liberty to raise such issue again before this Appellate Tribunal - HELD THAT:- As the ‘Committee of Creditors’, by majority voting share of 78.50%, has approved the plan after taking into consideration the techno economic report relating to viability and feasibility of the resolution plan and viability of the ‘Corporate Debtor’, this Appellate Tribunal cannot sit in appeal in absence of any discrimination or unequal treatment of similarly situated ‘Financial Creditors’ or ‘Operational Creditors’. Appeal has no merits - appeal dismissed.
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