https://www.taxtmi.com/caselaws?id=425992 The Tribunal upheld the Adjudicating Authority's decision, declaring certain transactions as preferential under Section 43 of the I&B Code, 2016. The appeal was dismissed, directing the Appellants to return the amounts to the Liquidator for stakeholder distribution. The Tribunal emphasized compliance, cooperation, and natural justice principles in the liquidation process. en-us Tue, 02 Aug 2022 00:00:00 +0530 Thu, 04 Aug 2022 20:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425992 The Tribunal upheld the Adjudicating Authority's decision, declaring certain transactions as preferential under Section 43 of the I&B Code, 2016. The appeal was dismissed, directing the Appellants to return the amounts to the Liquidator for stakeholder distribution. The Tribunal emphasized compliance, cooperation, and natural justice principles in the liquidation process. Case-Laws Insolvency and Bankruptcy Tue, 02 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425992