https://www.taxtmi.com/caselaws?id=472187 Fraudulent or malicious initiation of insolvency proceedings under Section 65 of the Insolvency and Bankruptcy Code requires consideration by the Adjudicating Authority. An admission order procured through fraud or active collusion is a nullity and may be recalled, notwithstanding the absence of an express statutory power of review. Where collusion taints the initiation of a Section 9 insolvency process, recall jurisdiction must be considered rather than rejected solely because review jurisdiction is unavailable. The admission orders obtained through fraud were recalled. en-us Mon, 28 Aug 2023 00:00:00 +0530 Thu, 01 Oct 2026 17:05:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472187 Fraudulent or malicious initiation of insolvency proceedings under Section 65 of the Insolvency and Bankruptcy Code requires consideration by the Adjudicating Authority. An admission order procured through fraud or active collusion is a nullity and may be recalled, notwithstanding the absence of an express statutory power of review. Where collusion taints the initiation of a Section 9 insolvency process, recall jurisdiction must be considered rather than rejected solely because review jurisdiction is unavailable. The admission orders obtained through fraud were recalled. Case-Laws IBC Mon, 28 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472187