https://www.taxtmi.com/caselaws?id=414502 The Tribunal allowed the appeal, set aside the impugned order dated 28.05.2021, and directed the Adjudicating Authority to restore the application to its file, admit it, and proceed further in accordance with the law. The Tribunal emphasized that the Adjudicating Authority should not have deferred the initiation of CIRP and should have admitted the application based on the evidence of default provided by the Appellant. en-us Mon, 08 Nov 2021 00:00:00 +0530 Wed, 10 Nov 2021 06:59:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414502 The Tribunal allowed the appeal, set aside the impugned order dated 28.05.2021, and directed the Adjudicating Authority to restore the application to its file, admit it, and proceed further in accordance with the law. The Tribunal emphasized that the Adjudicating Authority should not have deferred the initiation of CIRP and should have admitted the application based on the evidence of default provided by the Appellant. Case-Laws Insolvency and Bankruptcy Mon, 08 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414502