https://www.taxtmi.com/caselaws?id=406777 The petition under the Insolvency and Bankruptcy Code was dismissed by the Tribunal as it was deemed not maintainable due to ongoing related proceedings and lack of clean hands by the Petitioner. The Tribunal found the Petitioner had failed to establish a case for initiating Corporate Insolvency Resolution Process (CIRP) and emphasized giving the Corporate Debtor a chance to fulfill its obligations. The petition was dismissed without costs. en-us Wed, 31 Mar 2021 00:00:00 +0530 Fri, 23 Apr 2021 21:03:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406777 The petition under the Insolvency and Bankruptcy Code was dismissed by the Tribunal as it was deemed not maintainable due to ongoing related proceedings and lack of clean hands by the Petitioner. The Tribunal found the Petitioner had failed to establish a case for initiating Corporate Insolvency Resolution Process (CIRP) and emphasized giving the Corporate Debtor a chance to fulfill its obligations. The petition was dismissed without costs. Case-Laws Insolvency and Bankruptcy Wed, 31 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406777