https://www.taxtmi.com/caselaws?id=278830 The Tribunal allowed the Intervener to participate in insolvency proceedings, emphasizing the applicability of penal provisions under Section 65 of the Insolvency and Bankruptcy Code to potentially fraudulent initiation of proceedings. The case was remitted back to the Adjudicating Authority to address all issues, including the maintainability of the intervention and the application of penal provisions. The appeal was disposed of with these directions. en-us Tue, 20 Feb 2018 00:00:00 +0530 Fri, 22 Feb 2019 06:06:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278830 The Tribunal allowed the Intervener to participate in insolvency proceedings, emphasizing the applicability of penal provisions under Section 65 of the Insolvency and Bankruptcy Code to potentially fraudulent initiation of proceedings. The case was remitted back to the Adjudicating Authority to address all issues, including the maintainability of the intervention and the application of penal provisions. The appeal was disposed of with these directions. Case-Laws Insolvency and Bankruptcy Tue, 20 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278830