https://www.taxtmi.com/caselaws?id=430381 The Tribunal set aside the Adjudicating Authority's order regarding the withdrawal of Corporate Insolvency Resolution Process (CIRP) under Section 12A of the Insolvency and Bankruptcy Code. It directed the Authority to reconsider the application, emphasizing the importance of a reasoned decision within 45 days. The Tribunal excluded the time spent before it for CIRP purposes and disposed of the appeal without costs. en-us Thu, 17 Nov 2022 00:00:00 +0530 Fri, 18 Nov 2022 10:34:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430381 The Tribunal set aside the Adjudicating Authority's order regarding the withdrawal of Corporate Insolvency Resolution Process (CIRP) under Section 12A of the Insolvency and Bankruptcy Code. It directed the Authority to reconsider the application, emphasizing the importance of a reasoned decision within 45 days. The Tribunal excluded the time spent before it for CIRP purposes and disposed of the appeal without costs. Case-Laws Insolvency and Bankruptcy Thu, 17 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430381