https://www.taxtmi.com/caselaws?id=297486 The National Company Law Appellate Tribunal dismissed the appeal against the decision of the Adjudicating Authority regarding the enforcement of a claim by the Corporate Debtor. The Tribunal upheld the Adjudicating Authority's decision, which declined the claim based on the provisions of Section 36(4)(d) of the Insolvency and Bankruptcy Code, 2016. The Tribunal ruled that the assets of the subsidiary of the Corporate Debtor did not form part of the liquidation estate, as outlined in the Code. Despite arguments regarding ownership rights over certain assets, the Tribunal found no merit in the appeal and consequently dismissed it. en-us Tue, 28 Jan 2020 00:00:00 +0530 Mon, 06 Sep 2021 22:10:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297486 The National Company Law Appellate Tribunal dismissed the appeal against the decision of the Adjudicating Authority regarding the enforcement of a claim by the Corporate Debtor. The Tribunal upheld the Adjudicating Authority's decision, which declined the claim based on the provisions of Section 36(4)(d) of the Insolvency and Bankruptcy Code, 2016. The Tribunal ruled that the assets of the subsidiary of the Corporate Debtor did not form part of the liquidation estate, as outlined in the Code. Despite arguments regarding ownership rights over certain assets, the Tribunal found no merit in the appeal and consequently dismissed it. Case-Laws Insolvency and Bankruptcy Tue, 28 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297486