https://www.taxtmi.com/caselaws?id=417248 The Tribunal directed the Successful Resolution Applicant to submit an enforceable bank guarantee of Rs. 10 crores within 30 days and make overdue payments within two months. The Corporate Debtor, deemed a going concern with surplus cash, was to avoid liquidation. If Rs. 10 crores had already been deposited, it would be adjusted against pending amounts or refunded within 30 days. The appeals were disposed of with no order as to costs. en-us Wed, 05 Jan 2022 00:00:00 +0530 Wed, 19 Jan 2022 08:51:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417248 The Tribunal directed the Successful Resolution Applicant to submit an enforceable bank guarantee of Rs. 10 crores within 30 days and make overdue payments within two months. The Corporate Debtor, deemed a going concern with surplus cash, was to avoid liquidation. If Rs. 10 crores had already been deposited, it would be adjusted against pending amounts or refunded within 30 days. The appeals were disposed of with no order as to costs. Case-Laws Insolvency and Bankruptcy Wed, 05 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417248