https://www.taxtmi.com/caselaws?id=388964 The Tribunal dismissed the petition filed under Section 7 of the IBC, 2016, as it was found to be initiated solely in pursuance of the RBI Circular dated 12.02.2018, which was declared ultra vires. The petitioner was granted liberty to file a fresh petition. en-us Fri, 08 Nov 2019 00:00:00 +0530 Thu, 28 Nov 2019 11:14:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388964 The Tribunal dismissed the petition filed under Section 7 of the IBC, 2016, as it was found to be initiated solely in pursuance of the RBI Circular dated 12.02.2018, which was declared ultra vires. The petitioner was granted liberty to file a fresh petition. Case-Laws Insolvency and Bankruptcy Fri, 08 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388964