The Appellants are Operational Creditors of Reliance Infratel Limited. The Adjudicating Authority approved a Resolution Plan submitted by Reliance Projects and Property Management Services Limited. The Appellants claimed they were unaware of the CIRP and that their claims were not treated fairly. The Appellants' claims were reduced by around 90%, with Rs.120 crores being rejected. The Respondents argued that the Appellants were treated fairly and allocated 19.62% of the upfront payment. The approved Resolution Plan ensures restructuring and revival of the Corporate Debtor. The Appellants filed claims during CIRP proceedings, and their claims were partly admitted. Operational Creditors are entitled to receive a minimum payment being not less than liquidation value.

The Appellants are Operational Creditors of Reliance Infratel Limited. The Adjudicating Authority approved a Resolution Plan submitted by Reliance Projects and Property Management Services Limited. The Appellants claimed they were unaware of the CIRP and that their claims were not treated fairly. The Appellants' claims were reduced by around 90%, with Rs.120 crores being rejected. The Respondents argued that the Appellants were treated fairly and allocated 19.62% of the upfront payment. The approved Resolution Plan ensures restructuring and revival of the Corporate Debtor. The Appellants filed claims during CIRP proceedings, and their claims were partly admitted. Operational Creditors are entitled to receive a minimum payment being not less than liquidation value.