https://www.taxtmi.com/caselaws?id=389169 The Tribunal dismissed the appeal, confirming that the imported machineries were assets of the Corporate Debtor. It held that the Interim Resolution Professional (IRP) had the right to take control of these assets. The Customs Authority's actions to auction the goods post-moratorium were deemed invalid, as the moratorium under Section 14 of the I&B Code took precedence. The appeal was dismissed without costs. en-us Thu, 20 Jun 2019 00:00:00 +0530 Tue, 09 Feb 2021 13:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389169 The Tribunal dismissed the appeal, confirming that the imported machineries were assets of the Corporate Debtor. It held that the Interim Resolution Professional (IRP) had the right to take control of these assets. The Customs Authority's actions to auction the goods post-moratorium were deemed invalid, as the moratorium under Section 14 of the I&B Code took precedence. The appeal was dismissed without costs. Case-Laws Insolvency and Bankruptcy Thu, 20 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389169