https://www.taxtmi.com/caselaws?id=415576 The Tribunal refrained from immediately replacing the current liquidator despite concerns raised by the applicant regarding negligence, failure to protect creditors' interests, and alleged deliberate inaction. The Tribunal emphasized the regulatory authority of IBBI to address disciplinary issues with the Resolution Professional or Liquidator. The application was disposed of with directions to address the identified lapses in future proceedings related to the withdrawn schemes. en-us Fri, 26 Nov 2021 00:00:00 +0530 Thu, 09 Dec 2021 08:35:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415576 The Tribunal refrained from immediately replacing the current liquidator despite concerns raised by the applicant regarding negligence, failure to protect creditors' interests, and alleged deliberate inaction. The Tribunal emphasized the regulatory authority of IBBI to address disciplinary issues with the Resolution Professional or Liquidator. The application was disposed of with directions to address the identified lapses in future proceedings related to the withdrawn schemes. Case-Laws Insolvency and Bankruptcy Fri, 26 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415576