https://www.taxtmi.com/caselaws?id=288208 The Supreme Court upheld the original order admitting applications under Section 9 of the Insolvency and Bankruptcy Code, 2016, filed by Macquarie Bank Ltd., after the Appellate Tribunal set aside the orders. The Court clarified the computation of the 180-day period for resolution process completion. Despite adjournment requests, the Tribunal dismissed the appeals due to non-maintainability and lack of merit, emphasizing timely dispute resolution. The appeals, filed by the Corporate Debtor through suspended Board of Directors, were deemed not maintainable. The Corporate Insolvency Resolution Process was restored, excluding appeal time from the 180-day period. en-us Wed, 08 Aug 2018 00:00:00 +0530 Tue, 26 May 2020 13:09:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288208 The Supreme Court upheld the original order admitting applications under Section 9 of the Insolvency and Bankruptcy Code, 2016, filed by Macquarie Bank Ltd., after the Appellate Tribunal set aside the orders. The Court clarified the computation of the 180-day period for resolution process completion. Despite adjournment requests, the Tribunal dismissed the appeals due to non-maintainability and lack of merit, emphasizing timely dispute resolution. The appeals, filed by the Corporate Debtor through suspended Board of Directors, were deemed not maintainable. The Corporate Insolvency Resolution Process was restored, excluding appeal time from the 180-day period. Case-Laws Insolvency and Bankruptcy Wed, 08 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288208