https://www.taxtmi.com/caselaws?id=402595 The tribunal dismissed the appeal challenging the admission of an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, filed against a corporate debtor. The tribunal found no collusion between the respondents, deemed the feasibility of Corporate Insolvency Resolution Process (CIRP) against the corporate debtor alone, clarified the bar under Section 11 of IBC, and addressed procedural irregularities in the impugned orders. The tribunal concluded that the claims lacked merit, upheld the admission order, and disposed of all pending applications without costs. en-us Wed, 06 Jan 2021 00:00:00 +0530 Thu, 07 Jan 2021 16:23:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402595 The tribunal dismissed the appeal challenging the admission of an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, filed against a corporate debtor. The tribunal found no collusion between the respondents, deemed the feasibility of Corporate Insolvency Resolution Process (CIRP) against the corporate debtor alone, clarified the bar under Section 11 of IBC, and addressed procedural irregularities in the impugned orders. The tribunal concluded that the claims lacked merit, upheld the admission order, and disposed of all pending applications without costs. Case-Laws Insolvency and Bankruptcy Wed, 06 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402595