https://www.taxtmi.com/caselaws?id=406812 The Supreme Court allowed the appeal, modifying the High Court's order to permit the respondent to operate its bank accounts only after remitting Rs. 32.50 lakhs into the Corporate Debtor's account. The Court emphasized compliance with the Insolvency and Bankruptcy Code provisions, particularly regarding the moratorium on asset transfers. The respondent retains the right to pursue claims in the appropriate forum, and the judgment does not impact ongoing investigations or petitions under Section 482 of the Cr.P.C. en-us Thu, 22 Apr 2021 00:00:00 +0530 Tue, 16 Nov 2021 13:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406812 The Supreme Court allowed the appeal, modifying the High Court's order to permit the respondent to operate its bank accounts only after remitting Rs. 32.50 lakhs into the Corporate Debtor's account. The Court emphasized compliance with the Insolvency and Bankruptcy Code provisions, particularly regarding the moratorium on asset transfers. The respondent retains the right to pursue claims in the appropriate forum, and the judgment does not impact ongoing investigations or petitions under Section 482 of the Cr.P.C. Case-Laws Insolvency and Bankruptcy Thu, 22 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406812