https://www.taxtmi.com/caselaws?id=778677 Where Members of the Tribunal record differing conclusions on the same point, the statutory difference-resolution mechanism must be followed. Under Section 419(5) of the Companies Act, 2013 and Rule 60(3) of the NCLT Rules, 2016, an equally divided bench requires reference of the point of difference for decision by a third Member. The Tribunal therefore remanded the matter to the President for nomination of a third Member, without finally deciding the merits of the underlying insolvency dispute. en-us Thu, 18 Sep 2025 00:00:00 +0530 Sat, 20 Sep 2025 08:38:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778677 Where Members of the Tribunal record differing conclusions on the same point, the statutory difference-resolution mechanism must be followed. Under Section 419(5) of the Companies Act, 2013 and Rule 60(3) of the NCLT Rules, 2016, an equally divided bench requires reference of the point of difference for decision by a third Member. The Tribunal therefore remanded the matter to the President for nomination of a third Member, without finally deciding the merits of the underlying insolvency dispute. Case-Laws IBC Thu, 18 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778677