https://www.taxtmi.com/caselaws?id=400367 The appeal was dismissed by the Adjudicating Authority due to the Appellant's failure to provide evidence of a settlement with the Respondent/ARCIL during the Corporate Insolvency Resolution Process. Despite the Appellant's claims of reaching a settlement and making partial payments, the Adjudicating Authority proceeded with the liquidation order based on procedural lapses and lack of evidence. The dismissal of the appeal underscored the significance of adhering to prescribed procedures and substantiating claims in insolvency cases to uphold the integrity of the process under the Insolvency and Bankruptcy laws. en-us Mon, 02 Nov 2020 00:00:00 +0530 Thu, 05 Nov 2020 12:28:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400367 The appeal was dismissed by the Adjudicating Authority due to the Appellant's failure to provide evidence of a settlement with the Respondent/ARCIL during the Corporate Insolvency Resolution Process. Despite the Appellant's claims of reaching a settlement and making partial payments, the Adjudicating Authority proceeded with the liquidation order based on procedural lapses and lack of evidence. The dismissal of the appeal underscored the significance of adhering to prescribed procedures and substantiating claims in insolvency cases to uphold the integrity of the process under the Insolvency and Bankruptcy laws. Case-Laws Insolvency and Bankruptcy Mon, 02 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400367