https://www.taxtmi.com/caselaws?id=287018 The Tribunal ruled in favor of the applicant, Finquest Financial Solutions P. Ltd., regarding the realization of their security interest in the case involving Reid and Taylor India Ltd. The Tribunal confirmed the applicant's first charge over the immovable/fixed assets of the corporate debtor based on documentary evidence and rejected disputes raised by Edelweiss Asset Reconstruction Co. Ltd. The Tribunal asserted its jurisdiction to decide on disputed facts in insolvency matters and directed the liquidator to facilitate the sale of the assets in accordance with relevant regulations. en-us Fri, 10 May 2019 00:00:00 +0530 Wed, 25 Mar 2020 10:28:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287018 The Tribunal ruled in favor of the applicant, Finquest Financial Solutions P. Ltd., regarding the realization of their security interest in the case involving Reid and Taylor India Ltd. The Tribunal confirmed the applicant's first charge over the immovable/fixed assets of the corporate debtor based on documentary evidence and rejected disputes raised by Edelweiss Asset Reconstruction Co. Ltd. The Tribunal asserted its jurisdiction to decide on disputed facts in insolvency matters and directed the liquidator to facilitate the sale of the assets in accordance with relevant regulations. Case-Laws Insolvency and Bankruptcy Fri, 10 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287018