https://www.taxtmi.com/caselaws?id=283285 The Appellate Tribunal found the appeal by the Corporate Debtor to be not maintainable as per the decision of the Hon'ble Supreme Court. The Tribunal declined to grant relief, citing the absence of infirmity in the impugned order initiating the corporate insolvency resolution process under Section 7 of the Insolvency and Bankruptcy Code, 2016. Despite a request for permission to file an affidavit regarding debt payment by shareholders/Directors, the appeal was dismissed. The Tribunal emphasized the default by the Corporate Debtor, confirmed the finality of the previous order, and ultimately dismissed the appeal without costs due to the parties' failure to settle. en-us Wed, 05 Sep 2018 00:00:00 +0530 Wed, 18 Sep 2019 07:45:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283285 The Appellate Tribunal found the appeal by the Corporate Debtor to be not maintainable as per the decision of the Hon'ble Supreme Court. The Tribunal declined to grant relief, citing the absence of infirmity in the impugned order initiating the corporate insolvency resolution process under Section 7 of the Insolvency and Bankruptcy Code, 2016. Despite a request for permission to file an affidavit regarding debt payment by shareholders/Directors, the appeal was dismissed. The Tribunal emphasized the default by the Corporate Debtor, confirmed the finality of the previous order, and ultimately dismissed the appeal without costs due to the parties' failure to settle. Case-Laws Insolvency and Bankruptcy Wed, 05 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283285