https://www.taxtmi.com/caselaws?id=376129 The Appellate Tribunal set aside the Adjudicating Authority's order admitting the application under Section 9 of the Insolvency and Bankruptcy Code, 2016. The settlement between the parties was recognized, leading to the dismissal of the application. All orders by the Adjudicating Authority, including the appointment of the Interim Resolution Professional, were declared illegal. The Corporate Debtor was released from legal constraints, and the Adjudicating Authority was tasked with determining the fee of the Interim Resolution Professional. The appeal was allowed with no costs awarded. en-us Tue, 08 Jan 2019 00:00:00 +0530 Mon, 04 Mar 2019 07:41:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376129 The Appellate Tribunal set aside the Adjudicating Authority's order admitting the application under Section 9 of the Insolvency and Bankruptcy Code, 2016. The settlement between the parties was recognized, leading to the dismissal of the application. All orders by the Adjudicating Authority, including the appointment of the Interim Resolution Professional, were declared illegal. The Corporate Debtor was released from legal constraints, and the Adjudicating Authority was tasked with determining the fee of the Interim Resolution Professional. The appeal was allowed with no costs awarded. Case-Laws Insolvency and Bankruptcy Tue, 08 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376129