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2022 (10) TMI 62 - Tri - Insolvency and BankruptcyRejection of Resolution Plan - dues of the respondent in books of account of the corporate debtor or not - Section 30(6) of I&B Code - HELD THAT:- There is direct violation of Section 14(1)(b) which creates a bar prohibiting encumbering, alienating or disposing of by the corporate debtor any of its assets or any legal right or beneficial interest therein. Besides, there is violation of the order of moratorium passed by this Adjudicating Authority on 07.02.2022. Application allowed.
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