https://www.taxtmi.com/caselaws?id=297902 The Tribunal allowed the application, directing the Respondent to refund the Bank Guarantee amount and deposit it into the Corporate Debtor's account, adhering to the provisions of the IBC. The Respondent's actions were deemed in violation of the moratorium under Section 14, and the Refund Amount was classified as an asset of the Corporate Debtor during the CIRP. The application was disposed of with no order as to costs. en-us Fri, 29 Jan 2021 00:00:00 +0530 Wed, 29 Sep 2021 11:02:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297902 The Tribunal allowed the application, directing the Respondent to refund the Bank Guarantee amount and deposit it into the Corporate Debtor's account, adhering to the provisions of the IBC. The Respondent's actions were deemed in violation of the moratorium under Section 14, and the Refund Amount was classified as an asset of the Corporate Debtor during the CIRP. The application was disposed of with no order as to costs. Case-Laws Insolvency and Bankruptcy Fri, 29 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297902