https://www.taxtmi.com/caselaws?id=294285 The Tribunal rejected the application for substantive consolidation of Corporate Debtors, as the Applicant lacked the locus standi and failed to establish a prima facie case for relief. The Tribunal directed the Resolution Professional of Respondent No.1 to file an appropriate application for liquidation and the appointment of a liquidator. en-us Wed, 02 Sep 2020 00:00:00 +0530 Fri, 02 Apr 2021 22:36:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294285 The Tribunal rejected the application for substantive consolidation of Corporate Debtors, as the Applicant lacked the locus standi and failed to establish a prima facie case for relief. The Tribunal directed the Resolution Professional of Respondent No.1 to file an appropriate application for liquidation and the appointment of a liquidator. Case-Laws Insolvency and Bankruptcy Wed, 02 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294285