https://www.taxtmi.com/caselaws?id=289233 The Tribunal ordered a "Forensic Audit" to investigate potentially fraudulent transactions involving creditors, including the second respondent. It found that the second respondent fell within the definition of a "related party" under the Insolvency and Bankruptcy Code, prohibiting their representation, participation, or voting in the Committee of Creditors (CoC) meetings. The Tribunal directed the removal of the second respondent from the CoC list and instructed a "Forensic Audit" to be conducted. The case was concluded with no costs awarded. en-us Wed, 27 Mar 2019 00:00:00 +0530 Wed, 22 Jul 2020 08:49:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289233 The Tribunal ordered a "Forensic Audit" to investigate potentially fraudulent transactions involving creditors, including the second respondent. It found that the second respondent fell within the definition of a "related party" under the Insolvency and Bankruptcy Code, prohibiting their representation, participation, or voting in the Committee of Creditors (CoC) meetings. The Tribunal directed the removal of the second respondent from the CoC list and instructed a "Forensic Audit" to be conducted. The case was concluded with no costs awarded. Case-Laws Insolvency and Bankruptcy Wed, 27 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289233