https://www.taxtmi.com/caselaws?id=770385 Contempt could not be sustained where the challenged filing of a section 12A Insolvency and Bankruptcy Code withdrawal application was made pursuant to a committee of creditors decision and Regulation 30A. The earlier order protected the erstwhile resolution professional's steps and fees, but it did not expressly bar action on a later creditor-approved withdrawal resolution. Civil contempt requires wilful and deliberate disobedience proved beyond reasonable doubt, and no contumacious intent was shown on the record. The tribunal therefore rejected the request to initiate contempt proceedings and held that the alleged breach was neither explicit nor wilful. en-us Fri, 02 May 2025 00:00:00 +0530 Sat, 10 May 2025 08:36:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770385 Contempt could not be sustained where the challenged filing of a section 12A Insolvency and Bankruptcy Code withdrawal application was made pursuant to a committee of creditors decision and Regulation 30A. The earlier order protected the erstwhile resolution professional's steps and fees, but it did not expressly bar action on a later creditor-approved withdrawal resolution. Civil contempt requires wilful and deliberate disobedience proved beyond reasonable doubt, and no contumacious intent was shown on the record. The tribunal therefore rejected the request to initiate contempt proceedings and held that the alleged breach was neither explicit nor wilful. Case-Laws IBC Fri, 02 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770385