https://www.taxtmi.com/caselaws?id=793682 The appellant failed to prove that the paid was a deposit credited to the respondent company so as to attract Section 73(4) of the Companies Act, 2013; the record instead showed payment to Kerala Trade Centre, treated as a separate entity, and the dismissal of the company petition on that ground was upheld. After the respondent entered corporate insolvency resolution process, the moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016 barred continuation of the appeal, and the claim was left to be pursued within the insolvency framework. The appellate proceedings were therefore rendered infructuous. en-us Tue, 02 Jun 2026 00:00:00 +0530 Mon, 22 Jun 2026 08:39:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793682 The appellant failed to prove that the paid was a deposit credited to the respondent company so as to attract Section 73(4) of the Companies Act, 2013; the record instead showed payment to Kerala Trade Centre, treated as a separate entity, and the dismissal of the company petition on that ground was upheld. After the respondent entered corporate insolvency resolution process, the moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016 barred continuation of the appeal, and the claim was left to be pursued within the insolvency framework. The appellate proceedings were therefore rendered infructuous. Case-Laws IBC Tue, 02 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793682