https://www.taxtmi.com/caselaws?id=768273 Delhi HC allowed appeal against IBBI suspension order, finding procedural violations and erroneous factual basis. Court noted IBBI failed to follow proper procedure and Disciplinary Committee relied on incorrect figures from show cause notice rather than Investigating Authority's vindicated findings. While ordinarily matters would be remitted, given 16 months already served of 2-year suspension, HC reduced penalty to time served and ended suspension immediately. Appeal disposed of with suspension terminated from date of order. en-us Thu, 03 Apr 2025 00:00:00 +0530 Fri, 04 Apr 2025 07:15:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768273 Delhi HC allowed appeal against IBBI suspension order, finding procedural violations and erroneous factual basis. Court noted IBBI failed to follow proper procedure and Disciplinary Committee relied on incorrect figures from show cause notice rather than Investigating Authority's vindicated findings. While ordinarily matters would be remitted, given 16 months already served of 2-year suspension, HC reduced penalty to time served and ended suspension immediately. Appeal disposed of with suspension terminated from date of order. Case-Laws IBC Thu, 03 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768273