Case Law Analysis
|National Company Law Appellate Tribunal
Section 30(2)(b) IBC | Dissenting Creditors Entitled to Liquidation Value as Minimum Payout: NCLAT Upholds CoC-Approved Floor
NCLAT reinforces that dissenting financial creditors under Section 30(2)(b) of the IBC must receive at least the liquidation value approved by the Committee of Creditors (CoC). The ruling underscores the statutory minimum payout floor, ensuring dissenters are not shortchanged in resolution plans, even if the CoC's commercial wisdom prevails.