https://www.taxtmi.com/caselaws?id=287223 The Tribunal upheld the Resolution Professional's actions in initiating insolvency proceedings against the debtors of the Corporate Debtor to recover outstanding debts, in line with the duties outlined in The Code. It clarified that no parallel insolvency proceedings were pursued against the Corporate Debtor, approving the actions taken by the Resolution Professional in managing the financially stressed company. en-us Tue, 06 Feb 2018 00:00:00 +0530 Sat, 04 Apr 2020 09:54:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287223 The Tribunal upheld the Resolution Professional's actions in initiating insolvency proceedings against the debtors of the Corporate Debtor to recover outstanding debts, in line with the duties outlined in The Code. It clarified that no parallel insolvency proceedings were pursued against the Corporate Debtor, approving the actions taken by the Resolution Professional in managing the financially stressed company. Case-Laws Insolvency and Bankruptcy Tue, 06 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287223