Case Law Analysis
|National Company Law Appellate Tribunal
IBC | CoC Cannot Vote on Resolution Plan Until Claim Disputes Are Adjudicated: NCLAT
NCLAT rules that the Committee of Creditors (CoC) cannot proceed with voting on a resolution plan if a creditor's claim dispute remains unresolved. This ensures procedural fairness and protects creditor rights under the Insolvency and Bankruptcy Code, preventing prejudice to disputing creditors.