https://www.taxtmi.com/caselaws?id=767523 The NCLAT Principal Bench directed the IRP to continue managing the corporate debtor as a going concern under the 10.06.2022 order. The Tribunal held that outstanding employee salaries for September-November 2024 must be paid in three tranches by 31.05.2025, while December 2024 and January 2025 salaries were already processed. The IRP was ordered to verify and finalize vendor bills using the pre-12.12.2024 process. Since the SC stayed the 12.12.2024 order, consideration of compliance issues was deferred. The application was disposed of with directions for continued operations management. en-us Tue, 18 Mar 2025 00:00:00 +0530 Thu, 20 Mar 2025 08:21:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767523 The NCLAT Principal Bench directed the IRP to continue managing the corporate debtor as a going concern under the 10.06.2022 order. The Tribunal held that outstanding employee salaries for September-November 2024 must be paid in three tranches by 31.05.2025, while December 2024 and January 2025 salaries were already processed. The IRP was ordered to verify and finalize vendor bills using the pre-12.12.2024 process. Since the SC stayed the 12.12.2024 order, consideration of compliance issues was deferred. The application was disposed of with directions for continued operations management. Case-Laws IBC Tue, 18 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767523