https://www.taxtmi.com/caselaws?id=751646 Procedural directions on bench constitution and pronouncement of reserved orders did not curtail the Tribunal's discretion to await a pending application based on subsequent events. Because the later application had already been entertained, heard and reserved before pronouncement of the Section 7 order, and an appeal is a continuation of the original proceedings, the appellate forum could consider supervening developments before final adjudication. The Special Bench should therefore have deferred pronouncement until the pending application was decided. The challenge succeeded, the admission order was set aside, and the company petition with connected interlocutory applications was revived for fresh consideration before the regular bench. en-us Fri, 19 Apr 2024 00:00:00 +0530 Sun, 21 Apr 2024 22:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751646 Procedural directions on bench constitution and pronouncement of reserved orders did not curtail the Tribunal's discretion to await a pending application based on subsequent events. Because the later application had already been entertained, heard and reserved before pronouncement of the Section 7 order, and an appeal is a continuation of the original proceedings, the appellate forum could consider supervening developments before final adjudication. The Special Bench should therefore have deferred pronouncement until the pending application was decided. The challenge succeeded, the admission order was set aside, and the company petition with connected interlocutory applications was revived for fresh consideration before the regular bench. Case-Laws Insolvency and Bankruptcy Fri, 19 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751646