https://www.taxtmi.com/caselaws?id=788839 A challenge to liquidation and dissolution failed where the alleged related-party objection was not supported by the record. The tribunal noted that M.S. Balaji had resigned from the corporate debtor and the operational creditor well before admission of the insolvency application, and the appellant did not establish that the operational creditor was reflected as a shareholder in the relevant annual returns. The claim of 27% shareholding was found to concern Kasa Anlagen India Private Limited, not M.S. Balaji personally. No factual or legal error was shown to justify interference, so the liquidation and dissolution orders remained undisturbed. en-us Fri, 27 Mar 2026 00:00:00 +0530 Mon, 30 Mar 2026 08:48:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788839 A challenge to liquidation and dissolution failed where the alleged related-party objection was not supported by the record. The tribunal noted that M.S. Balaji had resigned from the corporate debtor and the operational creditor well before admission of the insolvency application, and the appellant did not establish that the operational creditor was reflected as a shareholder in the relevant annual returns. The claim of 27% shareholding was found to concern Kasa Anlagen India Private Limited, not M.S. Balaji personally. No factual or legal error was shown to justify interference, so the liquidation and dissolution orders remained undisturbed. Case-Laws IBC Fri, 27 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788839