Tribunal Missteps in Forcing Resolution Professional to Return Management Control During Insolvency Process Stay. https://www.taxtmi.com/highlights?id=73722 Power of NCLT where CIRP stayed - Validity of Direction to the Resolution Professional to immediately handover the management of the Corporate Debtor to the CEO/Management of the Corporate Debtor - It is for the RP to take decision in its wisdom as to how the Corporate Debtor should be allowed to continue as a going concern without taking any steps in the CIRP - The Adjudicating Authority committed error in passing the order - AT en-us Fri, 22 Dec 2023 09:41:10 +0530 Fri, 22 Dec 2023 07:01:36 +0530 TaxTMI RSS Generator Tribunal Missteps in Forcing Resolution Professional to Return Management Control During Insolvency Process Stay. https://www.taxtmi.com/highlights?id=73722 Power of NCLT where CIRP stayed - Validity of Direction to the Resolution Professional to immediately handover the management of the Corporate Debtor to the CEO/Management of the Corporate Debtor - It is for the RP to take decision in its wisdom as to how the Corporate Debtor should be allowed to continue as a going concern without taking any steps in the CIRP - The Adjudicating Authority committed error in passing the order - AT Highlights Insolvency and Bankruptcy Fri, 22 Dec 2023 09:41:10 +0530 https://www.taxtmi.com/highlights?id=73722