https://www.taxtmi.com/caselaws?id=394607 The Tribunal found in favor of the Applicant, the Liquidator for the Corporate Debtor, in a case concerning outstanding dues amounting to Rs. 24,36,00,048. The Respondent's defense of inter-company transfer was deemed illegitimate, and the claim was held to be within the permissible timeline for recovery despite the limitation argument. The Tribunal affirmed the Liquidator's authority to recover debts owed to the Corporate Debtor and directed the Respondent to pay the outstanding amount with interest if not done within six weeks from the order date. en-us Wed, 19 Feb 2020 00:00:00 +0530 Sat, 18 Apr 2020 14:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394607 The Tribunal found in favor of the Applicant, the Liquidator for the Corporate Debtor, in a case concerning outstanding dues amounting to Rs. 24,36,00,048. The Respondent's defense of inter-company transfer was deemed illegitimate, and the claim was held to be within the permissible timeline for recovery despite the limitation argument. The Tribunal affirmed the Liquidator's authority to recover debts owed to the Corporate Debtor and directed the Respondent to pay the outstanding amount with interest if not done within six weeks from the order date. Case-Laws Insolvency and Bankruptcy Wed, 19 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394607