https://www.taxtmi.com/caselaws?id=415318 The Tribunal upheld the rejection of the Appellant's application seeking permission to auction goods seized during the Corporate Insolvency Resolution Process (CIRP) due to the 'Moratorium' in place as per the I&B Code. The Appellant's argument to recover dues by auctioning the goods was dismissed, emphasizing the importance of staying such actions during CIRP proceedings as established by legal principles and previous court judgments. The Appeal was ultimately dismissed for lack of merit. en-us Wed, 01 Dec 2021 00:00:00 +0530 Fri, 03 Dec 2021 09:18:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415318 The Tribunal upheld the rejection of the Appellant's application seeking permission to auction goods seized during the Corporate Insolvency Resolution Process (CIRP) due to the 'Moratorium' in place as per the I&B Code. The Appellant's argument to recover dues by auctioning the goods was dismissed, emphasizing the importance of staying such actions during CIRP proceedings as established by legal principles and previous court judgments. The Appeal was ultimately dismissed for lack of merit. Case-Laws Insolvency and Bankruptcy Wed, 01 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415318