https://www.taxtmi.com/caselaws?id=407028 The Tribunal dismissed the withdrawal applications seeking to terminate the Corporate Insolvency Resolution Process (CIRP) as they were found to be collusive and not maintainable under the law. Additionally, the Tribunal replaced the Interim Resolution Professional (IRP) who failed to take charge with a new IRP, directing immediate action and disciplinary measures against the former IRP for obstructing the CIRP proceedings. en-us Mon, 05 Apr 2021 00:00:00 +0530 Thu, 29 Apr 2021 10:23:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407028 The Tribunal dismissed the withdrawal applications seeking to terminate the Corporate Insolvency Resolution Process (CIRP) as they were found to be collusive and not maintainable under the law. Additionally, the Tribunal replaced the Interim Resolution Professional (IRP) who failed to take charge with a new IRP, directing immediate action and disciplinary measures against the former IRP for obstructing the CIRP proceedings. Case-Laws Insolvency and Bankruptcy Mon, 05 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407028