https://www.taxtmi.com/caselaws?id=412408 An admitted Section 7 insolvency proceeding had already triggered the corporate insolvency resolution process and moratorium, so the Tribunal held that claims and supporting documents were to be examined within the Insolvency and Bankruptcy Code framework by the resolution professional and, where relevant, the committee of creditors. A suspended director's allegations of fabricated documents and related disputes over the term loan were matters that could be raised before those insolvency forums. In that setting, the Tribunal declined to entertain a request for a preliminary inquiry, criminal complaint, or forensic directions under Section 340 of the Code of Criminal Procedure, 1973, and rejected the application. en-us Thu, 26 Aug 2021 00:00:00 +0530 Fri, 17 Sep 2021 09:21:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412408 An admitted Section 7 insolvency proceeding had already triggered the corporate insolvency resolution process and moratorium, so the Tribunal held that claims and supporting documents were to be examined within the Insolvency and Bankruptcy Code framework by the resolution professional and, where relevant, the committee of creditors. A suspended director's allegations of fabricated documents and related disputes over the term loan were matters that could be raised before those insolvency forums. In that setting, the Tribunal declined to entertain a request for a preliminary inquiry, criminal complaint, or forensic directions under Section 340 of the Code of Criminal Procedure, 1973, and rejected the application. Case-Laws Insolvency and Bankruptcy Thu, 26 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412408