https://www.taxtmi.com/caselaws?id=407671 The Appeals were dismissed, confirming that the application under Section 7 of IBC was filed within the limitation period. The second application against the Corporate Debtor is maintainable despite prior CIRP against the Corporate Guarantor. The Resolution Applicant cannot exercise rights over the subsidiaries of the Corporate Guarantor, and the SEZ business of the Corporate Debtor was not included in the resolution plan. en-us Tue, 11 May 2021 00:00:00 +0530 Sat, 26 Oct 2024 17:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407671 The Appeals were dismissed, confirming that the application under Section 7 of IBC was filed within the limitation period. The second application against the Corporate Debtor is maintainable despite prior CIRP against the Corporate Guarantor. The Resolution Applicant cannot exercise rights over the subsidiaries of the Corporate Guarantor, and the SEZ business of the Corporate Debtor was not included in the resolution plan. Case-Laws IBC Tue, 11 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407671