https://www.taxtmi.com/caselaws?id=438093 The Tribunal upheld the order admitting the Section 10 Application, finding no violation of natural justice in not issuing notice to creditors pre-admission. It allowed consideration of objections alleging fraudulent intent post-admission but found insufficient evidence of fraud in this case. The Tribunal deferred decisions on the applicability of the moratorium on leased assets and lessors' entitlement to claim possession of aircraft post-lease termination, granting parties liberty to make appropriate applications. Each party was ordered to bear their own costs. en-us Mon, 22 May 2023 00:00:00 +0530 Tue, 23 May 2023 10:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438093 The Tribunal upheld the order admitting the Section 10 Application, finding no violation of natural justice in not issuing notice to creditors pre-admission. It allowed consideration of objections alleging fraudulent intent post-admission but found insufficient evidence of fraud in this case. The Tribunal deferred decisions on the applicability of the moratorium on leased assets and lessors' entitlement to claim possession of aircraft post-lease termination, granting parties liberty to make appropriate applications. Each party was ordered to bear their own costs. Case-Laws Insolvency and Bankruptcy Mon, 22 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438093