https://www.taxtmi.com/caselaws?id=471794 Insolvency appeal admission was made conditional on the appellant depositing specified sums in two stages by the prescribed deadlines. The auction process could continue in the interim, but no final auction decision could be taken until 2 June 2022. Payment of the remaining required sum by 1 June 2022 would further prevent finalisation of the auction until further directions. The operative effect was to permit continuation of the auction process while preserving the appellant's position against final disposal, subject to timely compliance with the deposit conditions. en-us Fri, 20 May 2022 00:00:00 +0530 Fri, 18 Sep 2026 12:32:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471794 Insolvency appeal admission was made conditional on the appellant depositing specified sums in two stages by the prescribed deadlines. The auction process could continue in the interim, but no final auction decision could be taken until 2 June 2022. Payment of the remaining required sum by 1 June 2022 would further prevent finalisation of the auction until further directions. The operative effect was to permit continuation of the auction process while preserving the appellant's position against final disposal, subject to timely compliance with the deposit conditions. Case-Laws IBC Fri, 20 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471794