https://www.taxtmi.com/caselaws?id=422732 The Tribunal dismissed the application for directing an investigation by the SFIO as the Liquidator failed to provide prima facie evidence to support allegations of fraud and misconduct by the Corporate Debtor and its Key Managerial Personnel. The Tribunal emphasized the necessity of concrete evidence to justify such investigations, citing legal precedents and highlighting the importance of due process in such matters. en-us Tue, 10 May 2022 00:00:00 +0530 Sat, 21 May 2022 09:39:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422732 The Tribunal dismissed the application for directing an investigation by the SFIO as the Liquidator failed to provide prima facie evidence to support allegations of fraud and misconduct by the Corporate Debtor and its Key Managerial Personnel. The Tribunal emphasized the necessity of concrete evidence to justify such investigations, citing legal precedents and highlighting the importance of due process in such matters. Case-Laws Insolvency and Bankruptcy Tue, 10 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422732