https://www.taxtmi.com/caselaws?id=769495 A direction to restore corporate funds withdrawn during the CIRP moratorium, together with interest, was held not open to reconsideration in a later appeal because the issue had already attained finality and was barred by res judicata. The record also showed repeated failure by the suspended directors to furnish documents and comply with insolvency directions, which was treated as persistent non-cooperation and defiance of lawful orders. On that basis, the tribunal sustained the adverse directions, upheld the costs order, and treated the subsequent challenge as meritless and vexatious. en-us Wed, 23 Apr 2025 00:00:00 +0530 Thu, 24 Apr 2025 17:21:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769495 A direction to restore corporate funds withdrawn during the CIRP moratorium, together with interest, was held not open to reconsideration in a later appeal because the issue had already attained finality and was barred by res judicata. The record also showed repeated failure by the suspended directors to furnish documents and comply with insolvency directions, which was treated as persistent non-cooperation and defiance of lawful orders. On that basis, the tribunal sustained the adverse directions, upheld the costs order, and treated the subsequent challenge as meritless and vexatious. Case-Laws IBC Wed, 23 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769495