https://www.taxtmi.com/caselaws?id=304645 The Tribunal clarified that the Adjudicating Authority can proceed with cases not subject to a Supreme Court stay order, despite arguments for a stay based on a writ petition's interim order. The judgment focused on the effect of Supreme Court orders on ongoing proceedings, intervention of allottees in insolvency processes, and the distinction between allottees and creditors in insolvency applications, particularly under Sections 7 or 9 pending the Supreme Court's decision on Section 5(8) Explanation. The appeal was adjourned for clarification on pending petitions not involved in the writ petition. en-us Mon, 15 Apr 2019 00:00:00 +0530 Wed, 12 Oct 2022 09:56:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304645 The Tribunal clarified that the Adjudicating Authority can proceed with cases not subject to a Supreme Court stay order, despite arguments for a stay based on a writ petition's interim order. The judgment focused on the effect of Supreme Court orders on ongoing proceedings, intervention of allottees in insolvency processes, and the distinction between allottees and creditors in insolvency applications, particularly under Sections 7 or 9 pending the Supreme Court's decision on Section 5(8) Explanation. The appeal was adjourned for clarification on pending petitions not involved in the writ petition. Case-Laws Insolvency and Bankruptcy Mon, 15 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304645