https://www.taxtmi.com/caselaws?id=391749 The Appellate Tribunal set aside the order passed by the Adjudicating Authority regarding outstanding maintenance amount in a case involving an Infrastructure Company and members of a Residents Welfare Association. The Tribunal clarified the jurisdiction of the Adjudicating Authority, emphasizing adherence to legal procedures and definitions under the Insolvency and Bankruptcy Code. The matter was remitted back to the Adjudicating Authority for reconsideration in light of recent amendments to the Code, with instructions to determine the debt's legality and existence of default based on specific provisions. The appeal was allowed with directions for proper adjudication. en-us Wed, 08 Jan 2020 00:00:00 +0530 Wed, 06 May 2020 17:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391749 The Appellate Tribunal set aside the order passed by the Adjudicating Authority regarding outstanding maintenance amount in a case involving an Infrastructure Company and members of a Residents Welfare Association. The Tribunal clarified the jurisdiction of the Adjudicating Authority, emphasizing adherence to legal procedures and definitions under the Insolvency and Bankruptcy Code. The matter was remitted back to the Adjudicating Authority for reconsideration in light of recent amendments to the Code, with instructions to determine the debt's legality and existence of default based on specific provisions. The appeal was allowed with directions for proper adjudication. Case-Laws Insolvency and Bankruptcy Wed, 08 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391749