https://www.taxtmi.com/caselaws?id=302662 The Tribunal dismissed the respondent's application seeking a review of an order and an opportunity to file a reply in the main IB. Despite citing various reasons for the delay, the respondent failed to file a written reply within the specified timelines. The Tribunal held that the respondent had been given sufficient opportunities, emphasizing the importance of timely adjudication under the IBC Code. It concluded that the order could not be recalled, highlighting the need to adhere to prescribed timelines and avoid unnecessary delays in proceedings. Further arguments were scheduled for a future date. en-us Thu, 10 Mar 2022 00:00:00 +0530 Fri, 10 Jun 2022 10:19:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302662 The Tribunal dismissed the respondent's application seeking a review of an order and an opportunity to file a reply in the main IB. Despite citing various reasons for the delay, the respondent failed to file a written reply within the specified timelines. The Tribunal held that the respondent had been given sufficient opportunities, emphasizing the importance of timely adjudication under the IBC Code. It concluded that the order could not be recalled, highlighting the need to adhere to prescribed timelines and avoid unnecessary delays in proceedings. Further arguments were scheduled for a future date. Case-Laws Insolvency and Bankruptcy Thu, 10 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302662