https://www.taxtmi.com/caselaws?id=422729 The Tribunal dismissed the Company Petition and related application seeking an injunction against property sale as the decree holder did not meet the criteria to initiate the Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code. The Court clarified that decree holders are a separate class of creditors distinct from Financial and Operational Creditors, emphasizing their statutory recognition without categorizing them as such. en-us Mon, 02 May 2022 00:00:00 +0530 Fri, 20 May 2022 22:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422729 The Tribunal dismissed the Company Petition and related application seeking an injunction against property sale as the decree holder did not meet the criteria to initiate the Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code. The Court clarified that decree holders are a separate class of creditors distinct from Financial and Operational Creditors, emphasizing their statutory recognition without categorizing them as such. Case-Laws Insolvency and Bankruptcy Mon, 02 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422729