TMI Blog2024 (5) TMI 381X X X X Extracts X X X X X X X X Extracts X X X X ..... 2) of the Code or not - it was held by NCLAT that The distribution to the employees, whose liquidation value was NIL falls within the commercial wisdom of the CoC and the said clause of Resolution Plan cannot be impugned on the said ground, nor the said proposal for payment is violative of Section 30, sub-section (2) (b) of the Code. HELD THAT:- There are no substantial question of law arises in t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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