https://www.taxtmi.com/caselaws?id=385563 The appeal was dismissed by the Appellate Tribunal, upholding the liquidation order issued under Section 33(2) of the Insolvency and Bankruptcy Code, 2016. The Tribunal emphasized adherence to established precedents and prohibited further settlements with promoters and creditors, despite the appellant's willingness to clear dues. An interim order was passed to prevent dealings with the Corporate Debtor's assets, citing the possibility of saving the entity under Section 230 of the Companies Act, 2013. The appeal was disposed of without costs awarded. en-us Thu, 07 Mar 2019 00:00:00 +0530 Mon, 09 Sep 2019 08:10:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385563 The appeal was dismissed by the Appellate Tribunal, upholding the liquidation order issued under Section 33(2) of the Insolvency and Bankruptcy Code, 2016. The Tribunal emphasized adherence to established precedents and prohibited further settlements with promoters and creditors, despite the appellant's willingness to clear dues. An interim order was passed to prevent dealings with the Corporate Debtor's assets, citing the possibility of saving the entity under Section 230 of the Companies Act, 2013. The appeal was disposed of without costs awarded. Case-Laws Insolvency and Bankruptcy Thu, 07 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385563