https://www.taxtmi.com/caselaws?id=397932 The appeal against the order directing the replacement of the Resolution Professional was dismissed by the Appellate Tribunal. The Tribunal upheld the decision based on the apprehension of bias arising from the Resolution Professional's past association with the Financial Creditor, emphasizing the importance of impartiality and fairness in insolvency resolution proceedings. The decision was supported by legal precedent and highlighted the Resolution Professional's duty to act independently and fairly, especially in cases where past affiliations could raise concerns of bias. en-us Tue, 18 Aug 2020 00:00:00 +0530 Wed, 02 Sep 2020 10:35:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397932 The appeal against the order directing the replacement of the Resolution Professional was dismissed by the Appellate Tribunal. The Tribunal upheld the decision based on the apprehension of bias arising from the Resolution Professional's past association with the Financial Creditor, emphasizing the importance of impartiality and fairness in insolvency resolution proceedings. The decision was supported by legal precedent and highlighted the Resolution Professional's duty to act independently and fairly, especially in cases where past affiliations could raise concerns of bias. Case-Laws Insolvency and Bankruptcy Tue, 18 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397932