Functional comparability governs selection of support-service and IT-enabled service comparables, with verification required for unresolved data and m...
Bank account freezing requires statutory authority; anti-money-laundering compliance and KYC monitoring do not permit unilateral indefinite restrictio...
Insolvency and BankruptcyJanuary 29, 2021Case LawsTri
SeekingDirection to Respondent to permit the Professionals of the Corporate Debtor/ Applicant to attend the meetings of Committee of Creditors - This Tribunal is of the view that by allowing the Advocate/ CA/ Company Secretary of the Corporate Debtor no purpose will be served. The Corporate Debtor itself is sufficient to provide any of the documents/papers/details sought by the Resolution Professional during the proceedings. - Tri
SeekingDirection to Respondent to permit the Professionals of the Corporate Debtor/ Applicant to attend the meetings of Committee of Creditors - This Tribunal is of the view that by allowing the Advocate/ CA/ Company Secretary of the Corporate Debtor no purpose will be served. The Corporate Debtor itself is sufficient to provide any of the documents/papers/details sought by the Resolution Professional during the proceedings. - Tri
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