Case of Mehar Bhoomi Bhawan Private Limited vs Shashi Bhushan Prasad, NCLAT Delhi Judgement Dated 22nd December 2025. The appellate tribunal held that once a Resolution Plan was approved by the CoC and submitted for approval under Section 31 of IBC, the plan becomes binding inter se between the CoC and the Successful Resolution Applicant, and neither the CoC nor any subsequent reconstitution of the CoC can withdraw from or revisit the approved plan.
