https://www.taxtmi.com/caselaws?id=426237 A pending corporate insolvency resolution process and the statutory moratorium under Section 14 of the Insolvency and Bankruptcy Code justified deferring further hearing of appeals against the corporate debtor. The Tribunal noted that parallel Supreme Court proceedings raised overlapping issues concerning the approved resolution plan and CIRP cost determinations, and that simultaneous continuation could create conflicting outcomes. On considerations of judicial propriety, comity and prudence, it deferred the main appeals for 12 weeks while the parties pursued remedies before the Supreme Court. en-us Tue, 02 Aug 2022 00:00:00 +0530 Tue, 09 Aug 2022 12:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426237 A pending corporate insolvency resolution process and the statutory moratorium under Section 14 of the Insolvency and Bankruptcy Code justified deferring further hearing of appeals against the corporate debtor. The Tribunal noted that parallel Supreme Court proceedings raised overlapping issues concerning the approved resolution plan and CIRP cost determinations, and that simultaneous continuation could create conflicting outcomes. On considerations of judicial propriety, comity and prudence, it deferred the main appeals for 12 weeks while the parties pursued remedies before the Supreme Court. Case-Laws Insolvency and Bankruptcy Tue, 02 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426237