https://www.taxtmi.com/caselaws?id=416506 The Tribunal upheld the Resolution Professional's rejection of a substantial portion of the claim amount sought by M/s Roxcel Trading GmbH against NUI Pulp & Paper Industries Private Limited. Allegations of fraud by certain respondents were deemed unsubstantiated, leading to the dismissal of the application for investigation by the Serious Fraud Investigation Office. The judgment emphasized the importance of compliance with the Insolvency and Bankruptcy Code provisions and safeguarding creditors' interests in the Corporate Insolvency Resolution Process. en-us Mon, 20 Dec 2021 00:00:00 +0530 Fri, 31 Dec 2021 08:52:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416506 The Tribunal upheld the Resolution Professional's rejection of a substantial portion of the claim amount sought by M/s Roxcel Trading GmbH against NUI Pulp & Paper Industries Private Limited. Allegations of fraud by certain respondents were deemed unsubstantiated, leading to the dismissal of the application for investigation by the Serious Fraud Investigation Office. The judgment emphasized the importance of compliance with the Insolvency and Bankruptcy Code provisions and safeguarding creditors' interests in the Corporate Insolvency Resolution Process. Case-Laws Insolvency and Bankruptcy Mon, 20 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416506