https://www.taxtmi.com/caselaws?id=359609 The Tribunal held that the applications filed by authorized persons on behalf of the Financial Creditors were maintainable under Section 7 of the Insolvency and Bankruptcy Code, 2016. The appeals were dismissed, emphasizing that once one application is admitted, the Corporate Insolvency Resolution Process commences, and there is no need to admit another application. The Tribunal found no merit in the arguments presented by the Appellant and dismissed the appeals with no order as to costs. en-us Mon, 26 Mar 2018 00:00:00 +0530 Tue, 01 May 2018 11:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359609 The Tribunal held that the applications filed by authorized persons on behalf of the Financial Creditors were maintainable under Section 7 of the Insolvency and Bankruptcy Code, 2016. The appeals were dismissed, emphasizing that once one application is admitted, the Corporate Insolvency Resolution Process commences, and there is no need to admit another application. The Tribunal found no merit in the arguments presented by the Appellant and dismissed the appeals with no order as to costs. Case-Laws Insolvency and Bankruptcy Mon, 26 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359609