The Appellate Tribunal, in its order dated July 12, 2019, in Company Appeal AT (Ins) No. 708 of 2019, noted that the Corporate Insolvency Resolution Process (CIRP) for infrastructure companies might need a different approach. It was observed that in such cases, the primary goal of asset maximization should benefit the allottees and other financial creditors, rather than solely the corporate debtor. The Tribunal emphasized that any resolution plan must be viable and feasible for all stakeholders involved.

The Appellate Tribunal, in its order dated July 12, 2019, in Company Appeal AT (Ins) No. 708 of 2019, noted that the Corporate Insolvency Resolution Process (CIRP) for infrastructure companies might need a different approach. It was observed that in such cases, the primary goal of asset maximization should benefit the allottees and other financial creditors, rather than solely the corporate debtor. The Tribunal emphasized that any resolution plan must be viable and feasible for all stakeholders involved.