https://www.taxtmi.com/caselaws?id=756102 An interlocutory application placing subsequent events on record should be decided before final orders are passed on a Section 7 IBC company petition where the later developments may affect prejudice and fairness. The court noted that the prior appellate order had already permitted the petitioner to bring subsequent materials before the adjudicating authority, including developments such as the stay of the DRT order by the DRAT and claimed compliance steps. Because deciding the application and the petition together could cause real prejudice, prior consideration of the application was held justified in the interests of justice, and limited interim protection was granted. en-us Tue, 23 Jul 2024 00:00:00 +0530 Sat, 27 Jul 2024 08:32:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756102 An interlocutory application placing subsequent events on record should be decided before final orders are passed on a Section 7 IBC company petition where the later developments may affect prejudice and fairness. The court noted that the prior appellate order had already permitted the petitioner to bring subsequent materials before the adjudicating authority, including developments such as the stay of the DRT order by the DRAT and claimed compliance steps. Because deciding the application and the petition together could cause real prejudice, prior consideration of the application was held justified in the interests of justice, and limited interim protection was granted. Case-Laws Companies Law Tue, 23 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756102