https://www.taxtmi.com/caselaws?id=395292 The Bench directed the IRP to take possession of assets, conduct meetings with the ex-director, release attachments, and declare the lease agreement null and void due to fraudulent execution without UBI's consent. The judgment prioritized protecting creditors' interests and upheld the Code's overriding effect under Section 238 to ensure the resolution process serves substantial public interest. en-us Fri, 20 Mar 2020 00:00:00 +0530 Fri, 15 May 2020 11:13:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395292 The Bench directed the IRP to take possession of assets, conduct meetings with the ex-director, release attachments, and declare the lease agreement null and void due to fraudulent execution without UBI's consent. The judgment prioritized protecting creditors' interests and upheld the Code's overriding effect under Section 238 to ensure the resolution process serves substantial public interest. Case-Laws Insolvency and Bankruptcy Fri, 20 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395292