https://www.taxtmi.com/caselaws?id=400921 The Tribunal directed the applicant, a sub-contractor of the Corporate Debtor, to fulfill specified conditions for the release and transfer of machinery, including settling outstanding dues and liabilities, such as CGST liability and security charges. The applicant agreed to the conditions, which included payment obligations and preventing damage to the factory premises. Upon compliance, the Resolution Professional was instructed to hand over the machinery to the applicant, concluding the matter. en-us Thu, 05 Nov 2020 00:00:00 +0530 Mon, 23 Nov 2020 12:17:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400921 The Tribunal directed the applicant, a sub-contractor of the Corporate Debtor, to fulfill specified conditions for the release and transfer of machinery, including settling outstanding dues and liabilities, such as CGST liability and security charges. The applicant agreed to the conditions, which included payment obligations and preventing damage to the factory premises. Upon compliance, the Resolution Professional was instructed to hand over the machinery to the applicant, concluding the matter. Case-Laws Insolvency and Bankruptcy Thu, 05 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400921