https://www.taxtmi.com/caselaws?id=398995 The Tribunal granted the Corporate Debtor 90 days to settle the debt, considering the impact of the global pandemic on financial distress and insolvency proceedings. The decision aimed to balance debt recovery with the Corporate Debtor's financial stability, emphasizing cooperation between parties for resolution and preventing misuse of the IBC against solvent companies. en-us Tue, 09 Jun 2020 00:00:00 +0530 Wed, 30 Sep 2020 11:47:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398995 The Tribunal granted the Corporate Debtor 90 days to settle the debt, considering the impact of the global pandemic on financial distress and insolvency proceedings. The decision aimed to balance debt recovery with the Corporate Debtor's financial stability, emphasizing cooperation between parties for resolution and preventing misuse of the IBC against solvent companies. Case-Laws Insolvency and Bankruptcy Tue, 09 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398995