Case of Anuj Goyal vs Amit Chandrakant Shah, NCLAT Delhi Judgement Dated 16th May 2025. The appellate tribunal has affirmed the Adjudicating Authority’s decision to allow the Resolution Professional (RP) to conduct a second and even third challenge mechanism in the Corporate Insolvency Resolution Process (CIRP). It reinforces the Committee of Creditors’ (CoC) broad discretion in maximizing the value of the corporate debtor, even if it means allowing new bidders or additional rounds of bidding.