https://www.taxtmi.com/caselaws?id=297140 The Tribunal granted permission to the ILFS Board of Directors for the sale or transfer of movable assets of Red Entities under the supervision of Hon'ble Justice Shri D.K. Jain. It clarified that the Interim Order should not impede the payment of salaries to employees and creditors. The judgment also allowed ILFS to present their requests before Hon'ble Justice Shri D.K. Jain and mandated organizations to respond to notices from him. Additionally, the Tribunal disposed of specific applications filed in the case, requiring compliance with the judgment's directives for further actions. en-us Wed, 14 Aug 2019 00:00:00 +0530 Sat, 21 Aug 2021 08:31:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297140 The Tribunal granted permission to the ILFS Board of Directors for the sale or transfer of movable assets of Red Entities under the supervision of Hon'ble Justice Shri D.K. Jain. It clarified that the Interim Order should not impede the payment of salaries to employees and creditors. The judgment also allowed ILFS to present their requests before Hon'ble Justice Shri D.K. Jain and mandated organizations to respond to notices from him. Additionally, the Tribunal disposed of specific applications filed in the case, requiring compliance with the judgment's directives for further actions. Case-Laws Companies Law Wed, 14 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297140