https://www.taxtmi.com/caselaws?id=289068 The Appellate Tribunal condoned a 12-day delay in filing the appeal and disposed of the condonation application. On the merits, the dispute concerned whether transactions, including the sale of a car, were undervalued or fraudulent under the Insolvency and Bankruptcy Code. The Tribunal noted that the Adjudicating Authority had already examined the liquidator's application under Sections 35(1)(n), 45 and 66 and found no undervalued or fraudulent transaction. In appeal, the Tribunal declined to reappreciate that factual finding or reopen the issue, leaving the impugned order undisturbed and dismissing the appeal. en-us Mon, 30 Sep 2019 00:00:00 +0530 Sun, 12 Jul 2020 15:55:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289068 The Appellate Tribunal condoned a 12-day delay in filing the appeal and disposed of the condonation application. On the merits, the dispute concerned whether transactions, including the sale of a car, were undervalued or fraudulent under the Insolvency and Bankruptcy Code. The Tribunal noted that the Adjudicating Authority had already examined the liquidator's application under Sections 35(1)(n), 45 and 66 and found no undervalued or fraudulent transaction. In appeal, the Tribunal declined to reappreciate that factual finding or reopen the issue, leaving the impugned order undisturbed and dismissing the appeal. Case-Laws Insolvency and Bankruptcy Mon, 30 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289068