https://www.taxtmi.com/caselaws?id=296724 The tribunal granted the majority of the reliefs sought by the applicant, enabling them to run the corporate debtor as a going concern. The liquidator was directed to facilitate the payment structure, handle pre-auction claims, and ensure the continuation of licenses and benefits. The applicant was allowed to reconstitute the Board and allot new shares, with the tribunal emphasizing compliance with the Companies Act, 2013. The request for tax and stamp duty exemptions was left to the discretion of the relevant authorities. en-us Tue, 26 Nov 2019 00:00:00 +0530 Thu, 05 Aug 2021 08:43:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296724 The tribunal granted the majority of the reliefs sought by the applicant, enabling them to run the corporate debtor as a going concern. The liquidator was directed to facilitate the payment structure, handle pre-auction claims, and ensure the continuation of licenses and benefits. The applicant was allowed to reconstitute the Board and allot new shares, with the tribunal emphasizing compliance with the Companies Act, 2013. The request for tax and stamp duty exemptions was left to the discretion of the relevant authorities. Case-Laws Insolvency and Bankruptcy Tue, 26 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296724