https://www.taxtmi.com/caselaws?id=796553 Section 60(5) of the Insolvency and Bankruptcy Code confers broad jurisdiction over questions connected with an insolvency resolution process. Recovery of electric vehicles owned by one corporate debtor and leased to another directly concerned preservation and control of the owner's assets. Suspended directors of the lessee corporate debtor had acknowledged responsibility to provide available information and assistance regarding those vehicles. A direction requiring their cooperation to identify and recover the leased assets was therefore stated to fall within the Adjudicating Authority's jurisdiction. en-us Thu, 06 Aug 2026 00:00:00 +0530 Fri, 07 Aug 2026 09:07:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796553 Section 60(5) of the Insolvency and Bankruptcy Code confers broad jurisdiction over questions connected with an insolvency resolution process. Recovery of electric vehicles owned by one corporate debtor and leased to another directly concerned preservation and control of the owner's assets. Suspended directors of the lessee corporate debtor had acknowledged responsibility to provide available information and assistance regarding those vehicles. A direction requiring their cooperation to identify and recover the leased assets was therefore stated to fall within the Adjudicating Authority's jurisdiction. Case-Laws IBC Thu, 06 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796553