https://www.taxtmi.com/caselaws?id=370461 The Supreme Court addressed the constitutional validity of provisions of the Insolvency and Bankruptcy Code, 2016, and the rejection of Resolution Plans. The Court upheld the Committee of Creditors' decision for liquidation, vacated the interim order, and ordered the winding up of the corporate debtor. Additionally, the Court ruled that the appellants should not be evicted during the winding up process unless necessary, instructing them to cooperate with the Resolution Professional. The judgment aimed to ensure a fair resolution in the insolvency proceedings while considering the interests of all parties involved. en-us Tue, 25 Sep 2018 00:00:00 +0530 Sat, 17 Nov 2018 08:02:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370461 The Supreme Court addressed the constitutional validity of provisions of the Insolvency and Bankruptcy Code, 2016, and the rejection of Resolution Plans. The Court upheld the Committee of Creditors' decision for liquidation, vacated the interim order, and ordered the winding up of the corporate debtor. Additionally, the Court ruled that the appellants should not be evicted during the winding up process unless necessary, instructing them to cooperate with the Resolution Professional. The judgment aimed to ensure a fair resolution in the insolvency proceedings while considering the interests of all parties involved. Case-Laws Insolvency and Bankruptcy Tue, 25 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370461