https://www.taxtmi.com/caselaws?id=415321 The Supreme Court directed all parties involved in the Corporate Insolvency Resolution Process against Amtek Auto Limited to implement the approved resolution plan within four weeks. Emphasizing adherence to timelines under the Insolvency and Bankruptcy Code, the Court disposed of the appeal, instructing the transfer of funds and mutual performance of obligations by the parties. The Implementation and Monitoring Committee was tasked with overseeing the plan's implementation to ensure timely completion and prevent the IBC's purpose from being defeated. en-us Wed, 01 Dec 2021 00:00:00 +0530 Fri, 03 Dec 2021 09:18:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415321 The Supreme Court directed all parties involved in the Corporate Insolvency Resolution Process against Amtek Auto Limited to implement the approved resolution plan within four weeks. Emphasizing adherence to timelines under the Insolvency and Bankruptcy Code, the Court disposed of the appeal, instructing the transfer of funds and mutual performance of obligations by the parties. The Implementation and Monitoring Committee was tasked with overseeing the plan's implementation to ensure timely completion and prevent the IBC's purpose from being defeated. Case-Laws Insolvency and Bankruptcy Wed, 01 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415321