https://www.taxtmi.com/caselaws?id=294466 The Tribunal set aside the impugned order and dismissed the respondent's application under section 9 of the Insolvency and Bankruptcy Code, 2016. The respondent's failure to provide necessary information for admission under section 9 led to the application being deemed invalid. Consequently, actions such as appointing an interim resolution professional and freezing accounts were declared illegal. The appellant company was released from legal constraints, allowed to operate independently, and directed to pay the fee of the interim resolution professional. The appeal was allowed with specific observations and directions, and no costs were imposed on either party. en-us Wed, 25 Oct 2017 00:00:00 +0530 Fri, 16 Apr 2021 08:54:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294466 The Tribunal set aside the impugned order and dismissed the respondent's application under section 9 of the Insolvency and Bankruptcy Code, 2016. The respondent's failure to provide necessary information for admission under section 9 led to the application being deemed invalid. Consequently, actions such as appointing an interim resolution professional and freezing accounts were declared illegal. The appellant company was released from legal constraints, allowed to operate independently, and directed to pay the fee of the interim resolution professional. The appeal was allowed with specific observations and directions, and no costs were imposed on either party. Case-Laws Insolvency and Bankruptcy Wed, 25 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294466