https://www.taxtmi.com/caselaws?id=427450 The appeal was allowed, setting aside the impugned order. The Adjudicating Authority was directed to make appropriate decisions on the Section 7 application in line with the law, as the Authority erred in referring the matter for mediation under the Companies Act, 2013, which is not applicable to cases under the I & B Code, 2016. The Tribunal emphasized that mediation is not a remedy under Section 7 of the I & B Code, 2016, and closed the related pending Interlocutory Applications. en-us Wed, 07 Sep 2022 00:00:00 +0530 Fri, 09 Sep 2022 07:04:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427450 The appeal was allowed, setting aside the impugned order. The Adjudicating Authority was directed to make appropriate decisions on the Section 7 application in line with the law, as the Authority erred in referring the matter for mediation under the Companies Act, 2013, which is not applicable to cases under the I & B Code, 2016. The Tribunal emphasized that mediation is not a remedy under Section 7 of the I & B Code, 2016, and closed the related pending Interlocutory Applications. Case-Laws Insolvency and Bankruptcy Wed, 07 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427450