https://www.taxtmi.com/caselaws?id=423168 The Tribunal clarified the limitations of a Liquidator's powers under the Insolvency and Bankruptcy Code for enforcing orders and decrees. Emphasizing the necessity of following due process for execution of decrees, the judgment highlighted the importance of adhering to statutory provisions and procedural requirements for enforcement actions. Ultimately, the Tribunal dismissed the application due to its failure to meet the necessary criteria for relief, as both reliefs sought could not be granted under the provisions invoked. en-us Wed, 18 May 2022 00:00:00 +0530 Wed, 01 Jun 2022 07:42:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423168 The Tribunal clarified the limitations of a Liquidator's powers under the Insolvency and Bankruptcy Code for enforcing orders and decrees. Emphasizing the necessity of following due process for execution of decrees, the judgment highlighted the importance of adhering to statutory provisions and procedural requirements for enforcement actions. Ultimately, the Tribunal dismissed the application due to its failure to meet the necessary criteria for relief, as both reliefs sought could not be granted under the provisions invoked. Case-Laws Insolvency and Bankruptcy Wed, 18 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423168