The National Company Law Tribunal, Bench at Mumbai (Mumbai NCLT), in the matter of ICICI Bank Limited v/s Innoventive Industries Limited (Corporate Debtor) while adjudicating upon four miscellaneous applications and one intervention application (clubbed together), vide its order delivered on December 8, 2017, held that a resolution plan approved by less than 75% voting share of the Committee of Creditors (CoC) as per the provisions of the Insolvency and Bankruptcy Code, 2016 (IBC) is non-est in law.