https://www.taxtmi.com/caselaws?id=290150 The Tribunal set aside the liquidation order against the Corporate Debtor, emphasizing resolution over liquidation as per the objectives of the Insolvency and Bankruptcy Code. The Corporate Debtor was released, and its management was returned to the Board of Directors. Settlement of dues with creditors was crucial, and the Tribunal directed compliance with consent letters for revival. Operational Creditors' grievances would be reviewed if amounts were not received. en-us Wed, 19 Feb 2020 00:00:00 +0530 Thu, 10 Sep 2020 21:05:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290150 The Tribunal set aside the liquidation order against the Corporate Debtor, emphasizing resolution over liquidation as per the objectives of the Insolvency and Bankruptcy Code. The Corporate Debtor was released, and its management was returned to the Board of Directors. Settlement of dues with creditors was crucial, and the Tribunal directed compliance with consent letters for revival. Operational Creditors' grievances would be reviewed if amounts were not received. Case-Laws Insolvency and Bankruptcy Wed, 19 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290150