https://www.taxtmi.com/caselaws?id=419663 The Tribunal allowed the Appeal, set aside the Adjudicating Authority's order, and dismissed the Section 7 Application filed by the Financial Creditor. It held that there was no default by the Corporate Debtor on 01.08.2019, and the Bank's failure to refund the proportionate facility fee was deemed unjust enrichment. en-us Wed, 16 Mar 2022 00:00:00 +0530 Thu, 17 Mar 2022 08:33:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419663 The Tribunal allowed the Appeal, set aside the Adjudicating Authority's order, and dismissed the Section 7 Application filed by the Financial Creditor. It held that there was no default by the Corporate Debtor on 01.08.2019, and the Bank's failure to refund the proportionate facility fee was deemed unjust enrichment. Case-Laws Insolvency and Bankruptcy Wed, 16 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419663