Home Case Index All Cases Insolvency and Bankruptcy Insolvency and Bankruptcy + AT Insolvency and Bankruptcy - 2018 (2) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (2) TMI 116 - AT - Insolvency and BankruptcyCorporate insolvency process - no enclousres of certificate from ‘financial institution’ - Held that:- Respondent, Macquarie Bank Ltd., has not enclosed any certificate from ‘financial institution’ as defined under sub-section (14) of Section 3 of the I&B Code and Lawyer’s notice as given has been deprecated by the ‘adjudicating authority’. In effect, order (s), if any, passed by Ld. Adjudicating Authority appointing any ‘Interim Resolution Professional’ or declaring moratorium, freezing of account and all other order (s) passed by Adjudicating Authority pursuant to impugned order and action, if any, taken by the ‘Interim Resolution Professional’, including the advertisement, if any, published in the newspaper calling for applications all such orders and actions are declared illegal and are set aside.
|