https://www.taxtmi.com/caselaws?id=282602 The tribunal in this case addressed issues related to jurisdiction, application filings under the insolvency code, claim adjudication grievances, and forfeiture of a bank guarantee of a prospective Resolution Applicant. It determined its lack of jurisdiction to address employee salary distribution during liquidation proceedings, directed the filing of an application under Section 33 of the Code due to the absence of a resolution plan, instructed further investigation into a COC member's claim adjudication grievance, and approved the forfeiture of a bank guarantee for a non-compliant Resolution Applicant. The judgment provided detailed analysis and directions for pending applications. en-us Thu, 02 May 2019 00:00:00 +0530 Wed, 14 Aug 2019 06:53:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282602 The tribunal in this case addressed issues related to jurisdiction, application filings under the insolvency code, claim adjudication grievances, and forfeiture of a bank guarantee of a prospective Resolution Applicant. It determined its lack of jurisdiction to address employee salary distribution during liquidation proceedings, directed the filing of an application under Section 33 of the Code due to the absence of a resolution plan, instructed further investigation into a COC member's claim adjudication grievance, and approved the forfeiture of a bank guarantee for a non-compliant Resolution Applicant. The judgment provided detailed analysis and directions for pending applications. Case-Laws Insolvency and Bankruptcy Thu, 02 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282602