https://www.taxtmi.com/caselaws?id=297989 The Tribunal found that the transfer of Rs. 65 lakhs from the Corporate Debtor to R1 was fraudulent. R2 and R3 were held liable for their involvement in the fraudulent transactions and were directed to jointly and severally repay the amount to the Corporate Debtor within fifteen days. The Tribunal allowed the Resolution Professional's application, MA/987/2019. en-us Sat, 01 Feb 2020 00:00:00 +0530 Mon, 04 Oct 2021 20:56:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297989 The Tribunal found that the transfer of Rs. 65 lakhs from the Corporate Debtor to R1 was fraudulent. R2 and R3 were held liable for their involvement in the fraudulent transactions and were directed to jointly and severally repay the amount to the Corporate Debtor within fifteen days. The Tribunal allowed the Resolution Professional's application, MA/987/2019. Case-Laws Companies Law Sat, 01 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297989