https://www.taxtmi.com/caselaws?id=412603 The Supreme Court disposed of the case, granting liberty to the petitioners to pursue remedies after the decision of the Adjudicating Authority on the approval application. The Court emphasized the continuation of the moratorium under Section 14 of the IBC and clarified the right of the petitioners to initiate proceedings against the promoters of the Corporate Debtor. The Resolution Plan approval is pending, and the Court directed the NCLT to expedite the disposal of the application. en-us Wed, 08 Sep 2021 00:00:00 +0530 Wed, 22 Sep 2021 06:18:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412603 The Supreme Court disposed of the case, granting liberty to the petitioners to pursue remedies after the decision of the Adjudicating Authority on the approval application. The Court emphasized the continuation of the moratorium under Section 14 of the IBC and clarified the right of the petitioners to initiate proceedings against the promoters of the Corporate Debtor. The Resolution Plan approval is pending, and the Court directed the NCLT to expedite the disposal of the application. Case-Laws Insolvency and Bankruptcy Wed, 08 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412603