https://www.taxtmi.com/caselaws?id=304934 The court found that the insolvency proceedings initiated by respondent Nos.1 to 3 were valid and not void ab initio, as they were not based on the RBI Circular dated 12.02.2018. The petitioners were granted the liberty to pursue any statutory remedies available to them, and the petition was disposed of accordingly. en-us Thu, 08 Aug 2019 00:00:00 +0530 Mon, 07 Nov 2022 09:27:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304934 The court found that the insolvency proceedings initiated by respondent Nos.1 to 3 were valid and not void ab initio, as they were not based on the RBI Circular dated 12.02.2018. The petitioners were granted the liberty to pursue any statutory remedies available to them, and the petition was disposed of accordingly. Case-Laws Indian Laws Thu, 08 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304934