https://www.taxtmi.com/caselaws?id=399414 The Tribunal deemed the provisional attachment order by the Income Tax Department during the Corporate Debtor's moratorium as invalid. It emphasized the Resolution Professional's custodial rights over the Corporate Debtor's assets during the Corporate Insolvency Resolution Process (CIRP) and directed the Department to release the properties to ensure the successful completion of the insolvency process within the specified timeframe. en-us Wed, 27 May 2020 00:00:00 +0530 Sat, 10 Oct 2020 11:51:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399414 The Tribunal deemed the provisional attachment order by the Income Tax Department during the Corporate Debtor's moratorium as invalid. It emphasized the Resolution Professional's custodial rights over the Corporate Debtor's assets during the Corporate Insolvency Resolution Process (CIRP) and directed the Department to release the properties to ensure the successful completion of the insolvency process within the specified timeframe. Case-Laws Insolvency and Bankruptcy Wed, 27 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399414