https://www.taxtmi.com/caselaws?id=787907 The Adjudicating Authority refused to admit an unsigned, unstamped forensic/transaction audit report commissioned by suspended management because extensive disclaimers undermined its authenticity, independence and evidentiary reliability. Suspended management lacked authorised standing to unilaterally commission such an audit, which also created risks of bias, conflict of interest and breach of committee of creditors' confidentiality. The resolution professional had already formed and filed an opinion and initiated avoidance proceedings, while the management's objections remained on record. The request for a fresh audit and re-examination of admitted claims was therefore not maintainable on the stated facts, and dismissal of the application was affirmed. en-us Tue, 10 Mar 2026 00:00:00 +0530 Sat, 14 Mar 2026 08:36:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787907 The Adjudicating Authority refused to admit an unsigned, unstamped forensic/transaction audit report commissioned by suspended management because extensive disclaimers undermined its authenticity, independence and evidentiary reliability. Suspended management lacked authorised standing to unilaterally commission such an audit, which also created risks of bias, conflict of interest and breach of committee of creditors' confidentiality. The resolution professional had already formed and filed an opinion and initiated avoidance proceedings, while the management's objections remained on record. The request for a fresh audit and re-examination of admitted claims was therefore not maintainable on the stated facts, and dismissal of the application was affirmed. Case-Laws IBC Tue, 10 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787907