https://www.taxtmi.com/caselaws?id=386330 The judgment addressed Liberty House's failed resolution plan for Amitek Auto Limited, exceeding the timeline under the Insolvency and Bankruptcy Code. Parties agreed to seek resolution, inviting fresh offers within 21 days to meet the deadline. The Committee of Creditors must decide within two weeks of offer submission, with the next hearing set for 05.11.2019. A detagged civil appeal will be heard separately on 03.10.2019, with submissions due by 30.09.2019, ensuring a systematic resolution process. The court's meticulous management reflects a commitment to fair proceedings. en-us Tue, 24 Sep 2019 00:00:00 +0530 Thu, 26 Sep 2019 08:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386330 The judgment addressed Liberty House's failed resolution plan for Amitek Auto Limited, exceeding the timeline under the Insolvency and Bankruptcy Code. Parties agreed to seek resolution, inviting fresh offers within 21 days to meet the deadline. The Committee of Creditors must decide within two weeks of offer submission, with the next hearing set for 05.11.2019. A detagged civil appeal will be heard separately on 03.10.2019, with submissions due by 30.09.2019, ensuring a systematic resolution process. The court's meticulous management reflects a commitment to fair proceedings. Case-Laws Insolvency and Bankruptcy Tue, 24 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386330