NCLT dismisses homebuyers' plea against Monarch Brookefields LLP's resolution plan, granting 60% claim. CoC's authority emphasized, limiting challenges by individual creditors. Legal precedent supports plan's validity under the Insolvency and Bankruptcy Code.
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Arizona , United States , India , Chandhiok Mahajan , Himanshu Vidhani , Apartments Welfare Association , Monarch Brookefields , India Ltd , National Company Law Tribunal , Committee Of Creditors Co , Corporate Insolvency Resolution Process ,
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