https://www.taxtmi.com/caselaws?id=401957 The Tribunal dismissed the unsecured financial creditor's application as not maintainable due to improper filing procedures. Emphasizing the priority of workmen's dues under the Insolvency and Bankruptcy Code, the Tribunal highlighted the legitimacy of the workmen's claims and expressed concerns about collusion between the Liquidator and the creditor. The Tribunal underscored the importance of following correct procedures and ensuring fair treatment of workmen in the liquidation process. Subsequently, the application seeking to dismiss the intervention was disposed of as redundant after the dismissal of the creditor's application. en-us Thu, 10 Dec 2020 00:00:00 +0530 Sat, 19 Dec 2020 17:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401957 The Tribunal dismissed the unsecured financial creditor's application as not maintainable due to improper filing procedures. Emphasizing the priority of workmen's dues under the Insolvency and Bankruptcy Code, the Tribunal highlighted the legitimacy of the workmen's claims and expressed concerns about collusion between the Liquidator and the creditor. The Tribunal underscored the importance of following correct procedures and ensuring fair treatment of workmen in the liquidation process. Subsequently, the application seeking to dismiss the intervention was disposed of as redundant after the dismissal of the creditor's application. Case-Laws Insolvency and Bankruptcy Thu, 10 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401957