https://www.taxtmi.com/caselaws?id=289821 The Tribunal held that the raw materials supplied by the applicant, held under a contractual arrangement and trust, are not considered "assets" under Section 18(1)(f) of the Insolvency and Bankruptcy Code. Therefore, the Interim Resolution Professional cannot take control and custody of these materials. The Tribunal ordered the return of the raw materials to the applicant, allowing the application (CA 206/2019 in CP 102/2018). en-us Fri, 26 Apr 2019 00:00:00 +0530 Tue, 25 Aug 2020 10:59:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289821 The Tribunal held that the raw materials supplied by the applicant, held under a contractual arrangement and trust, are not considered "assets" under Section 18(1)(f) of the Insolvency and Bankruptcy Code. Therefore, the Interim Resolution Professional cannot take control and custody of these materials. The Tribunal ordered the return of the raw materials to the applicant, allowing the application (CA 206/2019 in CP 102/2018). Case-Laws Insolvency and Bankruptcy Fri, 26 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289821