https://www.taxtmi.com/caselaws?id=415319 The Tribunal set aside the Adjudicating Authority's observations regarding the Appellant's disqualification under Section 29(A)(e) of the I&B Code, recognizing the restoration of the Appellant's Director Identification Number by the High Court. It emphasized the importance of considering the Corporate Debtor's MSME status and directed the Resolution Professional to evaluate the Appellant's Resolution Plan, allowing submission of a Net Worth Certificate. The Tribunal highlighted the need to support MSMEs and ruled in favor of the Appellant, quashing the previous rejections and allowing the appeal without costs. en-us Wed, 01 Dec 2021 00:00:00 +0530 Wed, 01 Dec 2021 18:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415319 The Tribunal set aside the Adjudicating Authority's observations regarding the Appellant's disqualification under Section 29(A)(e) of the I&B Code, recognizing the restoration of the Appellant's Director Identification Number by the High Court. It emphasized the importance of considering the Corporate Debtor's MSME status and directed the Resolution Professional to evaluate the Appellant's Resolution Plan, allowing submission of a Net Worth Certificate. The Tribunal highlighted the need to support MSMEs and ruled in favor of the Appellant, quashing the previous rejections and allowing the appeal without costs. Case-Laws Insolvency and Bankruptcy Wed, 01 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415319