2020 (6) TMI 494

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..... a right to say whether the Adjudicating Authority should go for further valuation before approval of the plan or not and it is open to the Adjudicating Authority to satisfy itself of the plan approved by the Committee of Creditors, to ascertain whether to approve the plan under Section 31 of the I B Code or not. Appeal disposed off. - CO. Appeal (AT) (Insolvency) No. 418 of 2020 - - - Dated: .....

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..... n, as it has already called for fresh valuation. 2. The Appellant has challenged the decision for fresh valuation as made by the Adjudicating Authority vide order dated 20th January, 2020 on the ground that it is not permissible. 3. Having heard Mr. Pranav Vyas, learned counsel for the Appellant and Mr. Alok Kumar, learned counsel for Respondent No. 1 - Corporation Bank (applicant who asked .....

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