https://www.taxtmi.com/caselaws?id=397482 The Tribunal upheld the stay on the termination notice issued by the Appellant, emphasizing compliance with the Facilities Agreement and the moratorium under Section 14 of the Insolvency and Bankruptcy Code. It highlighted the Resolution Professional's duties in maintaining the 'Corporate Debtor' as a going concern. The Tribunal dismissed the appeal, affirming the Adjudicating Authority's decision to stay the termination notice and directing the Appellant to comply with the Agreement terms, with no costs awarded. en-us Wed, 24 Jun 2020 00:00:00 +0530 Tue, 02 Mar 2021 15:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397482 The Tribunal upheld the stay on the termination notice issued by the Appellant, emphasizing compliance with the Facilities Agreement and the moratorium under Section 14 of the Insolvency and Bankruptcy Code. It highlighted the Resolution Professional's duties in maintaining the 'Corporate Debtor' as a going concern. The Tribunal dismissed the appeal, affirming the Adjudicating Authority's decision to stay the termination notice and directing the Appellant to comply with the Agreement terms, with no costs awarded. Case-Laws Insolvency and Bankruptcy Wed, 24 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397482