https://www.taxtmi.com/caselaws?id=398004 The appeal was dismissed by the Tribunal as the debt had been converted into capital, rendering the Appellant ineligible to be considered a 'Financial Creditor' under the Insolvency and Bankruptcy Code, 2016. The Appellant's claims of fraud and misrepresentation were not substantiated, and the issue of filing the petition by a Power of Attorney holder was deemed valid. The Tribunal advised the Appellant to seek redressal through the appropriate legal channels, vacating all interim orders and pending applications without costs. en-us Wed, 02 Sep 2020 00:00:00 +0530 Fri, 04 Sep 2020 17:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398004 The appeal was dismissed by the Tribunal as the debt had been converted into capital, rendering the Appellant ineligible to be considered a 'Financial Creditor' under the Insolvency and Bankruptcy Code, 2016. The Appellant's claims of fraud and misrepresentation were not substantiated, and the issue of filing the petition by a Power of Attorney holder was deemed valid. The Tribunal advised the Appellant to seek redressal through the appropriate legal channels, vacating all interim orders and pending applications without costs. Case-Laws Insolvency and Bankruptcy Wed, 02 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398004