https://www.taxtmi.com/caselaws?id=299621 Standard Chartered Bank withdrew its application after completion of pleadings. The Tribunal allowed the withdrawal. An application for liquidation by the Resolution Professional was deferred pending further proceedings. A Resolution Applicant sought directions against the RP, leading to instructions for the RP to convene a CoC meeting promptly and reconsider pending plans for transparent voting. One Resolution Applicant withdrew its plan, rendering part of the application moot. The Tribunal emphasized transparency and stakeholder interests in its decision-making. en-us Fri, 01 Oct 2021 00:00:00 +0530 Wed, 22 Dec 2021 20:36:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299621 Standard Chartered Bank withdrew its application after completion of pleadings. The Tribunal allowed the withdrawal. An application for liquidation by the Resolution Professional was deferred pending further proceedings. A Resolution Applicant sought directions against the RP, leading to instructions for the RP to convene a CoC meeting promptly and reconsider pending plans for transparent voting. One Resolution Applicant withdrew its plan, rendering part of the application moot. The Tribunal emphasized transparency and stakeholder interests in its decision-making. Case-Laws Insolvency and Bankruptcy Fri, 01 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299621