https://www.taxtmi.com/caselaws?id=414080 The Tribunal allowed the Resolution Professional's application, setting aside the fine imposed by the National Stock Exchange of India Ltd. on the Corporate Debtor during the Corporate Insolvency Resolution Process. The Tribunal deemed the fine unsustainable, considering the moratorium under the Insolvency and Bankruptcy Code and the efforts made by the Resolution Professional to address compliance issues. The decision highlighted the need to adhere to moratorium provisions, ensuring fair treatment of the Corporate Debtor and aligning with the objectives of the Insolvency and Bankruptcy Code. en-us Wed, 13 Oct 2021 00:00:00 +0530 Wed, 27 Oct 2021 13:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414080 The Tribunal allowed the Resolution Professional's application, setting aside the fine imposed by the National Stock Exchange of India Ltd. on the Corporate Debtor during the Corporate Insolvency Resolution Process. The Tribunal deemed the fine unsustainable, considering the moratorium under the Insolvency and Bankruptcy Code and the efforts made by the Resolution Professional to address compliance issues. The decision highlighted the need to adhere to moratorium provisions, ensuring fair treatment of the Corporate Debtor and aligning with the objectives of the Insolvency and Bankruptcy Code. Case-Laws Insolvency and Bankruptcy Wed, 13 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414080