https://www.taxtmi.com/caselaws?id=432708 The Tribunal upheld the Adjudicating Authority's direction, dismissing the appeal. The Tribunal emphasized that the appellant failed to provide sufficient evidence to counter the allegations of fraudulent trading and that the outstanding amount of Rs. 8.95 crores was validly due to the Corporate Debtor. en-us Mon, 02 Jan 2023 00:00:00 +0530 Wed, 11 Jan 2023 18:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432708 The Tribunal upheld the Adjudicating Authority's direction, dismissing the appeal. The Tribunal emphasized that the appellant failed to provide sufficient evidence to counter the allegations of fraudulent trading and that the outstanding amount of Rs. 8.95 crores was validly due to the Corporate Debtor. Case-Laws Insolvency and Bankruptcy Mon, 02 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432708