https://www.taxtmi.com/caselaws?id=409446 The Appellate Tribunal dismissed the appeal under the Insolvency and Bankruptcy Code, emphasizing the importance of transparency in the auction process for asset realization in liquidation. The Tribunal found the appeal premature as no final order had been issued by the Adjudicating Authority regarding the e-auction. It ruled that the Appellant should first seek redressal from the Adjudicating Authority before approaching the Appellate Tribunal, concluding the lack of merit in the appeal both factually and legally, with no costs awarded. en-us Mon, 05 Jul 2021 00:00:00 +0530 Thu, 08 Jul 2021 08:45:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409446 The Appellate Tribunal dismissed the appeal under the Insolvency and Bankruptcy Code, emphasizing the importance of transparency in the auction process for asset realization in liquidation. The Tribunal found the appeal premature as no final order had been issued by the Adjudicating Authority regarding the e-auction. It ruled that the Appellant should first seek redressal from the Adjudicating Authority before approaching the Appellate Tribunal, concluding the lack of merit in the appeal both factually and legally, with no costs awarded. Case-Laws Insolvency and Bankruptcy Mon, 05 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409446