https://www.taxtmi.com/caselaws?id=460851 At the Section 95 stage under the Insolvency and Bankruptcy Code, the Adjudicating Authority does not undertake a merits determination of limitation or the validity of the personal guarantee; it appoints a Resolution Professional to examine the application and submit a report. The Resolution Professional's report is only recommendatory, and acceptance or rejection follows under Section 100 after observing natural justice. Accordingly, the proposed Resolution Professional was appointed for scrutiny of the application, and interim moratorium was recorded as commencing from the date of filing and continuing until admission. en-us Fri, 16 Feb 2024 00:00:00 +0530 Tue, 25 Feb 2025 19:16:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460851 At the Section 95 stage under the Insolvency and Bankruptcy Code, the Adjudicating Authority does not undertake a merits determination of limitation or the validity of the personal guarantee; it appoints a Resolution Professional to examine the application and submit a report. The Resolution Professional's report is only recommendatory, and acceptance or rejection follows under Section 100 after observing natural justice. Accordingly, the proposed Resolution Professional was appointed for scrutiny of the application, and interim moratorium was recorded as commencing from the date of filing and continuing until admission. Case-Laws IBC Fri, 16 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460851