https://www.taxtmi.com/caselaws?id=790866 In claim-verification proceedings under the Code, observations on alleged related-party status could not be sustained where the claim itself was to be re-determined by the resolution professional, because such remarks might prejudice independent adjudication on the merits. The tribunal therefore removed the related-party observation and left the resolution professional free to examine the material afresh. A further direction permitting initiation or reliance on avoidance proceedings under Sections 43, 45, 50 and 66 was also beyond the limited scope of an appeal concerning rejection of claim, since those proceedings are a separate statutory exercise. That direction was quashed, and the claim was to be reconsidered independently. en-us Mon, 20 Apr 2026 00:00:00 +0530 Sat, 02 May 2026 07:40:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790866 In claim-verification proceedings under the Code, observations on alleged related-party status could not be sustained where the claim itself was to be re-determined by the resolution professional, because such remarks might prejudice independent adjudication on the merits. The tribunal therefore removed the related-party observation and left the resolution professional free to examine the material afresh. A further direction permitting initiation or reliance on avoidance proceedings under Sections 43, 45, 50 and 66 was also beyond the limited scope of an appeal concerning rejection of claim, since those proceedings are a separate statutory exercise. That direction was quashed, and the claim was to be reconsidered independently. Case-Laws IBC Mon, 20 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790866