https://www.taxtmi.com/caselaws?id=411555 The tribunal concluded that the Section 9 application was not filed within the limitation period and contained unreliable documents. It found indications of collusion between the operational creditor and the corporate debtor. Consequently, the tribunal set aside the Impugned Order, quashed all related steps, released the corporate debtor from the moratorium and CIRP, and directed the Adjudicating Authority to determine fees for the Interim Resolution Professional/Resolution Professional, with no order as to costs. en-us Fri, 27 Aug 2021 00:00:00 +0530 Sat, 28 Aug 2021 09:20:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411555 The tribunal concluded that the Section 9 application was not filed within the limitation period and contained unreliable documents. It found indications of collusion between the operational creditor and the corporate debtor. Consequently, the tribunal set aside the Impugned Order, quashed all related steps, released the corporate debtor from the moratorium and CIRP, and directed the Adjudicating Authority to determine fees for the Interim Resolution Professional/Resolution Professional, with no order as to costs. Case-Laws Insolvency and Bankruptcy Fri, 27 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411555