https://www.taxtmi.com/caselaws?id=434531 The Tribunal upheld the decision to dismiss the intervention application by the Appellants in insolvency proceedings initiated by the Respondent Bank. Allegations of fraud and collusion were not substantiated, leading to the dismissal of the appeal. The Tribunal affirmed the order, stating that the insolvency proceedings should continue without interference, allowing the Appellants to raise their claims during the Corporate Insolvency Resolution Process. en-us Thu, 23 Feb 2023 00:00:00 +0530 Mon, 27 Feb 2023 08:14:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434531 The Tribunal upheld the decision to dismiss the intervention application by the Appellants in insolvency proceedings initiated by the Respondent Bank. Allegations of fraud and collusion were not substantiated, leading to the dismissal of the appeal. The Tribunal affirmed the order, stating that the insolvency proceedings should continue without interference, allowing the Appellants to raise their claims during the Corporate Insolvency Resolution Process. Case-Laws Insolvency and Bankruptcy Thu, 23 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434531