https://www.taxtmi.com/caselaws?id=450820 The Appellate Tribunal overturned the Adjudicating Authority's order in I.A. No.314/KB/2022, directing a rehearing of the Resolution Professional's application under Sections 43, 45, 49, and 66 of the IBC. The Tribunal found the initial examination inadequate, lacking detailed analysis of preferential, undervalued, and fraudulent transactions. The application is to be reconsidered, allowing the Appellant to submit a reply within two weeks. en-us Wed, 06 Mar 2024 00:00:00 +0530 Thu, 14 Mar 2024 06:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450820 The Appellate Tribunal overturned the Adjudicating Authority's order in I.A. No.314/KB/2022, directing a rehearing of the Resolution Professional's application under Sections 43, 45, 49, and 66 of the IBC. The Tribunal found the initial examination inadequate, lacking detailed analysis of preferential, undervalued, and fraudulent transactions. The application is to be reconsidered, allowing the Appellant to submit a reply within two weeks. Case-Laws Insolvency and Bankruptcy Wed, 06 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450820