https://www.taxtmi.com/caselaws?id=467179 Challenge concerned refusal of an adjournment to permit filing a Deed of Assignment of Business Debt and whether that denial impaired the appellant's ability to establish the claim quantum under the Insolvency and Bankruptcy Code. The Tribunal reiterated that when a party's material right may be affected by temporary inability to place a foundational document on record, the adjudicating forum should allow its placement for lawful appreciation. The impugned rejection for being below the monetary threshold was quashed insofar as the Deed was not considered, and the matter was remitted to the NCLT for fresh adjudication on merits. en-us Fri, 31 Jan 2025 00:00:00 +0530 Tue, 10 Mar 2026 08:51:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467179 Challenge concerned refusal of an adjournment to permit filing a Deed of Assignment of Business Debt and whether that denial impaired the appellant's ability to establish the claim quantum under the Insolvency and Bankruptcy Code. The Tribunal reiterated that when a party's material right may be affected by temporary inability to place a foundational document on record, the adjudicating forum should allow its placement for lawful appreciation. The impugned rejection for being below the monetary threshold was quashed insofar as the Deed was not considered, and the matter was remitted to the NCLT for fresh adjudication on merits. Case-Laws IBC Fri, 31 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467179