https://www.taxtmi.com/caselaws?id=406655 The Appellate Tribunal allowed the appeal filed by the Ministry of Corporate Affairs against part of the Order passed by the Adjudicating Authority under Section 66 of the Insolvency and Bankruptcy Code, 2016. The Tribunal modified the direction given by the Adjudicating Authority, directing the Central Government to follow the procedure outlined in Section 213(b) of the Companies Act, 2013 for investigating the company's affairs. The Resolution Professional was instructed to retrieve the matter sent to SFIO, emphasizing the importance of adhering to the correct procedure to ensure legal compliance. en-us Thu, 15 Apr 2021 00:00:00 +0530 Tue, 20 Apr 2021 12:54:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406655 The Appellate Tribunal allowed the appeal filed by the Ministry of Corporate Affairs against part of the Order passed by the Adjudicating Authority under Section 66 of the Insolvency and Bankruptcy Code, 2016. The Tribunal modified the direction given by the Adjudicating Authority, directing the Central Government to follow the procedure outlined in Section 213(b) of the Companies Act, 2013 for investigating the company's affairs. The Resolution Professional was instructed to retrieve the matter sent to SFIO, emphasizing the importance of adhering to the correct procedure to ensure legal compliance. Case-Laws Insolvency and Bankruptcy Thu, 15 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406655