https://www.taxtmi.com/caselaws?id=301271 The Tribunal upheld its jurisdiction under Sections 241 and 242 of the Companies Act, 2013, to pass interim orders and regulate the conduct of IL&FS and its group companies. The interim relief and resolution framework were deemed necessary to protect public interest and ensure a fair distribution to all stakeholders. The Tribunal directed the resolution process to be concluded within 90 days, with monthly updates to be provided. en-us Thu, 12 Mar 2020 00:00:00 +0530 Thu, 24 Mar 2022 09:20:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301271 The Tribunal upheld its jurisdiction under Sections 241 and 242 of the Companies Act, 2013, to pass interim orders and regulate the conduct of IL&FS and its group companies. The interim relief and resolution framework were deemed necessary to protect public interest and ensure a fair distribution to all stakeholders. The Tribunal directed the resolution process to be concluded within 90 days, with monthly updates to be provided. Case-Laws Companies Law Thu, 12 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301271