https://www.taxtmi.com/caselaws?id=393986 The court held that claims received during the non-implementation period between July 18, 2018, and July 7, 2019, could not be considered as insolvency resolution process costs or liquidation costs. As a result, these claims did not have priority over other dues as per the law. The judgment emphasized the application of section 53 of the Insolvency and Bankruptcy Code in determining the order of priority for various debts during the liquidation process. en-us Fri, 10 Jan 2020 00:00:00 +0530 Fri, 27 Mar 2020 10:00:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393986 The court held that claims received during the non-implementation period between July 18, 2018, and July 7, 2019, could not be considered as insolvency resolution process costs or liquidation costs. As a result, these claims did not have priority over other dues as per the law. The judgment emphasized the application of section 53 of the Insolvency and Bankruptcy Code in determining the order of priority for various debts during the liquidation process. Case-Laws Insolvency and Bankruptcy Fri, 10 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393986