https://www.taxtmi.com/caselaws?id=275255 The Tribunal addressed the issue of a stay of the rank of the H-1 applicant in a meeting and allowed the H-2 applicant to modify its offer despite objections. The Tribunal directed the Resolution Professional to receive modified offers from both applicants and present them to the Committee of Creditors for consideration to maximize the value of the corporate debtor's assets. The COC was instructed to choose the best offer meeting legal requirements, ensuring the resolution process progressed smoothly. en-us Mon, 07 May 2018 00:00:00 +0530 Tue, 25 Sep 2018 08:21:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275255 The Tribunal addressed the issue of a stay of the rank of the H-1 applicant in a meeting and allowed the H-2 applicant to modify its offer despite objections. The Tribunal directed the Resolution Professional to receive modified offers from both applicants and present them to the Committee of Creditors for consideration to maximize the value of the corporate debtor's assets. The COC was instructed to choose the best offer meeting legal requirements, ensuring the resolution process progressed smoothly. Case-Laws Companies Law Mon, 07 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275255