https://www.taxtmi.com/caselaws?id=447571 Section 29A disqualifications must be tested against the actual statutory facts, and the record here did not establish disqualification under clauses (c), (g) or (h). For MSME resolution, Section 240A is treated as a beneficial exception that excludes the specified Section 29A bars, and the operative cut-off for assessing eligibility is the date of submission of the resolution plan, not the commencement of CIRP. The analysis also states that this reading accords with the statutory scheme and legislative intent to preserve viable resolution for MSMEs linked to their promoters. en-us Wed, 29 Nov 2023 00:00:00 +0530 Sat, 30 Dec 2023 08:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447571 Section 29A disqualifications must be tested against the actual statutory facts, and the record here did not establish disqualification under clauses (c), (g) or (h). For MSME resolution, Section 240A is treated as a beneficial exception that excludes the specified Section 29A bars, and the operative cut-off for assessing eligibility is the date of submission of the resolution plan, not the commencement of CIRP. The analysis also states that this reading accords with the statutory scheme and legislative intent to preserve viable resolution for MSMEs linked to their promoters. Case-Laws Insolvency and Bankruptcy Wed, 29 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447571