IBC vests decisive authority on CoC’s commercial wisdom; Confines judicial review strictly under Ss. 30(2) & 61(3) IBC: Supreme Court
“Commercial wisdom of the CoC enjoys primacy and cannot be supplanted by judicial review. Neither the NCLT, nor the NCLAT nor even this Court is empowered to substitute its assessment in place of the commercial decision arrived at by a requisite majority of the CoC”.