https://www.taxtmi.com/caselaws?id=365563 The Appellate Tribunal allowed the Senior Counsel for the Appellant to file a petition for substitution to implead one of the Directors/shareholders as an appellant in place of the Corporate Debtor. The Tribunal permitted the parties to settle the claims and scheduled the matter for further orders. Additionally, the Tribunal issued an order for the Adjudicating Authority to refrain from issuing any advertisements, maintaining the status quo. The decision highlighted the importance of upholding principles of Natural Justice and facilitating amicable resolutions in insolvency proceedings. en-us Mon, 25 Jun 2018 00:00:00 +0530 Mon, 20 Aug 2018 07:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=365563 The Appellate Tribunal allowed the Senior Counsel for the Appellant to file a petition for substitution to implead one of the Directors/shareholders as an appellant in place of the Corporate Debtor. The Tribunal permitted the parties to settle the claims and scheduled the matter for further orders. Additionally, the Tribunal issued an order for the Adjudicating Authority to refrain from issuing any advertisements, maintaining the status quo. The decision highlighted the importance of upholding principles of Natural Justice and facilitating amicable resolutions in insolvency proceedings. Case-Laws Insolvency and Bankruptcy Mon, 25 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=365563