https://www.taxtmi.com/highlights?id=76162 Calculation of the liquidator's fee in a corporate insolvency resolution process - The Appellate Tribunal finds that the lower Tribunal erred in not considering the various sales made by the liquidator, which are crucial in determining the amount realized. It emphasizes that both the unamended provision of Regulation 4 and the circular by the IBBI support the appellant's interpretation. Therefore, the Tribunal sets aside the previous order and remands the matter for reconsideration. en-us Fri, 29 Mar 2024 07:45:48 +0530 Fri, 29 Mar 2024 07:45:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=76162 Calculation of the liquidator's fee in a corporate insolvency resolution process - The Appellate Tribunal finds that the lower Tribunal erred in not considering the various sales made by the liquidator, which are crucial in determining the amount realized. It emphasizes that both the unamended provision of Regulation 4 and the circular by the IBBI support the appellant's interpretation. Therefore, the Tribunal sets aside the previous order and remands the matter for reconsideration. Highlights Insolvency and Bankruptcy Fri, 29 Mar 2024 07:45:48 +0530 https://www.taxtmi.com/highlights?id=76162