https://www.taxtmi.com/caselaws?id=289819 The tribunal upheld the adjudicating authority's decision to declare Spade Financial Services Limited and AAA Landmark Private Limited as related parties to the corporate debtor, AKME Projects Limited. Consequently, the appellants were excluded from the Committee of Creditors, and the original voting shares of Yes Bank Limited and Phoenix ARC Private Limited were restored. The appeal was rejected, and the tribunal found no reason to interfere with the adjudicating authority's order. en-us Mon, 27 Jan 2020 00:00:00 +0530 Wed, 12 Jan 2022 16:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289819 The tribunal upheld the adjudicating authority's decision to declare Spade Financial Services Limited and AAA Landmark Private Limited as related parties to the corporate debtor, AKME Projects Limited. Consequently, the appellants were excluded from the Committee of Creditors, and the original voting shares of Yes Bank Limited and Phoenix ARC Private Limited were restored. The appeal was rejected, and the tribunal found no reason to interfere with the adjudicating authority's order. Case-Laws Insolvency and Bankruptcy Mon, 27 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289819