https://www.taxtmi.com/news?id=57112 The judgment finds that former promoters engaged in deliberate delay and minimal participation in the corporate insolvency resolution process, filing serial applications and making frivolous requests that frustrated timely conclusion. The court upheld prior tribunal determinations approving the resolution applicant's proposal and recognized procedural protections included in the resolution framework, noting that costs and adverse observations against the promoters were justified by their obstructive conduct. en-us Fri, 26 Sep 2025 22:01:03 +0530 Fri, 26 Sep 2025 22:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=57112 The judgment finds that former promoters engaged in deliberate delay and minimal participation in the corporate insolvency resolution process, filing serial applications and making frivolous requests that frustrated timely conclusion. The court upheld prior tribunal determinations approving the resolution applicant's proposal and recognized procedural protections included in the resolution framework, noting that costs and adverse observations against the promoters were justified by their obstructive conduct. News - Fri, 26 Sep 2025 22:01:03 +0530 https://www.taxtmi.com/news?id=57112