https://www.taxtmi.com/caselaws?id=777583 HC held that the IBC, 2016 is a crucial law that must be taken into account when formulating tender conditions and ought to have been included in Clause 1.8 of the Manual, given its focus on reviving corporate debtors through Successful Resolution Applicants. As the petitioner had not challenged the Clause, the court declined to interfere on merits but granted the petitioner liberty to submit a representation by 04.09.2025. The respondents/Union were directed to consider that representation in light of the court's view and dispose of it with written reasons by 20.09.2025. Petition disposed. en-us Thu, 28 Aug 2025 00:00:00 +0530 Tue, 02 Sep 2025 08:01:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777583 HC held that the IBC, 2016 is a crucial law that must be taken into account when formulating tender conditions and ought to have been included in Clause 1.8 of the Manual, given its focus on reviving corporate debtors through Successful Resolution Applicants. As the petitioner had not challenged the Clause, the court declined to interfere on merits but granted the petitioner liberty to submit a representation by 04.09.2025. The respondents/Union were directed to consider that representation in light of the court's view and dispose of it with written reasons by 20.09.2025. Petition disposed. Case-Laws IBC Thu, 28 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777583