https://www.taxtmi.com/caselaws?id=359436 The Supreme Court directed respondent no.4 to deposit the second instalment of Rs. 100 crores by a specified date, with further directions scheduled. The Insolvency Resolution Professional (IRP) was granted liberty to finalize the resolution plan. Company officials were permitted to travel to Bhutan, Nepal, and the United Kingdom within specified time frames. The court ordered any deposited amount to be invested in a short-term fixed deposit with a nationalized bank for prudent management pending further directions. en-us Mon, 16 Apr 2018 00:00:00 +0530 Mon, 30 Apr 2018 06:12:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359436 The Supreme Court directed respondent no.4 to deposit the second instalment of Rs. 100 crores by a specified date, with further directions scheduled. The Insolvency Resolution Professional (IRP) was granted liberty to finalize the resolution plan. Company officials were permitted to travel to Bhutan, Nepal, and the United Kingdom within specified time frames. The court ordered any deposited amount to be invested in a short-term fixed deposit with a nationalized bank for prudent management pending further directions. Case-Laws Insolvency and Bankruptcy Mon, 16 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359436