INDIA RESURGENCE ARC PRIVATE LIMITED vs M/S. AMIT METALIKS LIMITED

The Supreme Court addressed the appeal by India Resurgence ARC Private Limited against the NCLAT's order rejecting its challenge to the approval of a resolution plan under the Insolvency and Bankruptcy Code. The court examined the rights of dissenting financial creditors in the corporate insolvency resolution process and upheld the NCLAT's decision, affirming the resolution plan's approval. The judgment clarifies the procedural aspects and the role of creditors in the insolvency framework.