https://www.taxtmi.com/caselaws?id=292950 The Tribunal granted the respondent company six months to explore settlement possibilities for non-payment of interest and redemption of debentures, considering financial distress and proposing arbitration. The judgment highlighted the company's efforts, affecting multiple stakeholders, and found reasons for default plausible. No costs were awarded, emphasizing the need to consider all stakeholders' interests before ordering repayment solely to the petitioners. en-us Tue, 17 Dec 2019 00:00:00 +0530 Sat, 30 Jan 2021 18:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292950 The Tribunal granted the respondent company six months to explore settlement possibilities for non-payment of interest and redemption of debentures, considering financial distress and proposing arbitration. The judgment highlighted the company's efforts, affecting multiple stakeholders, and found reasons for default plausible. No costs were awarded, emphasizing the need to consider all stakeholders' interests before ordering repayment solely to the petitioners. Case-Laws Companies Law Tue, 17 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292950