https://www.taxtmi.com/caselaws?id=384846 The Appellate Tribunal found that the appeal filed by the Corporate Debtor against an application under the SARFAESI Act was not maintainable due to the appointment of an insolvency professional to manage the company. Despite this, the Tribunal did not dismiss the appeal solely on this ground, providing a detailed judgment on the evolving law regarding management rights in insolvency cases. The Tribunal recognized the Respondent's status as an assignee under the SARFAESI Act but emphasized that actions under the SARFAESI Act would not proceed due to the Moratorium imposed under the I&B Code, leading to the dismissal of the appeal. en-us Fri, 03 May 2019 00:00:00 +0530 Mon, 26 Aug 2019 06:39:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384846 The Appellate Tribunal found that the appeal filed by the Corporate Debtor against an application under the SARFAESI Act was not maintainable due to the appointment of an insolvency professional to manage the company. Despite this, the Tribunal did not dismiss the appeal solely on this ground, providing a detailed judgment on the evolving law regarding management rights in insolvency cases. The Tribunal recognized the Respondent's status as an assignee under the SARFAESI Act but emphasized that actions under the SARFAESI Act would not proceed due to the Moratorium imposed under the I&B Code, leading to the dismissal of the appeal. Case-Laws Insolvency and Bankruptcy Fri, 03 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384846