https://www.taxtmi.com/highlights?id=73890 CIRP - Jurisdiction of Adjudicating Authority - imposition of cost / fine and intent of Section 70 of IBC - There are no hesitation in holding that the word “fine”, used consciously by the Adjudicating Authority in the Impugned Order, is covered in penalty which is required to be dealt under Section 70 and 236 of the Code and which further is not within jurisdiction of the Adjudicating Authority. - AT en-us Tue, 02 Jan 2024 09:11:32 +0530 Mon, 01 Jan 2024 20:22:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=73890 CIRP - Jurisdiction of Adjudicating Authority - imposition of cost / fine and intent of Section 70 of IBC - There are no hesitation in holding that the word “fine”, used consciously by the Adjudicating Authority in the Impugned Order, is covered in penalty which is required to be dealt under Section 70 and 236 of the Code and which further is not within jurisdiction of the Adjudicating Authority. - AT Highlights Insolvency and Bankruptcy Tue, 02 Jan 2024 09:11:32 +0530 https://www.taxtmi.com/highlights?id=73890