https://www.taxtmi.com/caselaws?id=283526 An application under Section 7 of the Insolvency and Bankruptcy Code was held within limitation under Article 137 because the debt was treated as revived after the Gujarat High Court order and because the corporate debtor's settlement proposals in 2015 supported subsistence of the claim. The objection based on the financial creditor's assignment deed also failed, since the earlier Debt Recovery Tribunal finding had been set aside and quashed by the Gujarat High Court. The insolvency application was therefore maintained and the admission order sustained. en-us Thu, 02 May 2019 00:00:00 +0530 Thu, 26 Sep 2019 19:23:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283526 An application under Section 7 of the Insolvency and Bankruptcy Code was held within limitation under Article 137 because the debt was treated as revived after the Gujarat High Court order and because the corporate debtor's settlement proposals in 2015 supported subsistence of the claim. The objection based on the financial creditor's assignment deed also failed, since the earlier Debt Recovery Tribunal finding had been set aside and quashed by the Gujarat High Court. The insolvency application was therefore maintained and the admission order sustained. Case-Laws Insolvency and Bankruptcy Thu, 02 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283526