CoC Voting Validated

In a complex CIRP involving conflicting CoC votes, valuation disputes, and multiple stakeholder objections, the Tribunal adopts a pragmatic and process-oriented approach. It validates a resolution plan that initially failed to meet the 66% threshold but later secured unanimous approval through re-voting under Regulation 39(3B). 

The ruling reinforces that procedural flexibility within the IBC framework can be used to salvage viable resolution outcomes, provided statutory safeguards are adhered to. It also clarifies treatment of homebuyers, partnership assets, and dissenting creditors within a real estate insolvency context.