https://www.taxtmi.com/caselaws?id=416473 The application seeking directions for contributions to the corpus fund approved by the Committee of Creditors to support the Corporate Debtor during the Insolvency Resolution Process was allowed and disposed of. The Tribunal directed the respondents to make payments towards their pending contributions within 15 days to enable the Corporate Debtor to operate as a going concern, preserve assets, and meet expenses during the Corporate Insolvency Resolution Process. The decision emphasized the urgency of funds for the Corporate Debtor's operations and aimed to ensure financial stability and asset preservation. en-us Fri, 24 Dec 2021 00:00:00 +0530 Thu, 30 Dec 2021 08:31:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416473 The application seeking directions for contributions to the corpus fund approved by the Committee of Creditors to support the Corporate Debtor during the Insolvency Resolution Process was allowed and disposed of. The Tribunal directed the respondents to make payments towards their pending contributions within 15 days to enable the Corporate Debtor to operate as a going concern, preserve assets, and meet expenses during the Corporate Insolvency Resolution Process. The decision emphasized the urgency of funds for the Corporate Debtor's operations and aimed to ensure financial stability and asset preservation. Case-Laws Insolvency and Bankruptcy Fri, 24 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416473