https://www.taxtmi.com/highlights?id=67110 CIRP - bonafide nature of the transactions or not - recovery from the ex-directors of the corporate debtor - forensic and transaction audit of the corporate debtor was conducted - The transaction was done in the normal course of business to let the corporate debtor function in the changed business environment. Such an arrangement, even though with related party, cannot be termed as preferential transactions done to defraud the creditors of the corporate debtor. - AT en-us Thu, 15 Dec 2022 12:39:42 +0530 Thu, 15 Dec 2022 12:39:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=67110 CIRP - bonafide nature of the transactions or not - recovery from the ex-directors of the corporate debtor - forensic and transaction audit of the corporate debtor was conducted - The transaction was done in the normal course of business to let the corporate debtor function in the changed business environment. Such an arrangement, even though with related party, cannot be termed as preferential transactions done to defraud the creditors of the corporate debtor. - AT Highlights Insolvency and Bankruptcy Thu, 15 Dec 2022 12:39:42 +0530 https://www.taxtmi.com/highlights?id=67110