https://www.taxtmi.com/caselaws?id=401665 The Tribunal dismissed the application for Corporate Insolvency Resolution Process (CIRP) under Section 10 of IBC, 2016, due to incomplete Form-VI and non-disclosure of the company's name change and address shift. The Tribunal highlighted procedural lapses, selective settlement with one creditor, and misuse of the insolvency process. It emphasized the need for transparency and compliance with statutory requirements. The connected applications were closed, and the order was communicated to the Insolvency and Bankruptcy Board of India (IBBI). en-us Wed, 09 Dec 2020 00:00:00 +0530 Sat, 30 Jan 2021 18:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401665 The Tribunal dismissed the application for Corporate Insolvency Resolution Process (CIRP) under Section 10 of IBC, 2016, due to incomplete Form-VI and non-disclosure of the company's name change and address shift. The Tribunal highlighted procedural lapses, selective settlement with one creditor, and misuse of the insolvency process. It emphasized the need for transparency and compliance with statutory requirements. The connected applications were closed, and the order was communicated to the Insolvency and Bankruptcy Board of India (IBBI). Case-Laws Insolvency and Bankruptcy Wed, 09 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401665