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        IBC

        An NCLAT order was set aside where the Adjudicating Authority...

        Natural justice and subsisting interim orders can invalidate directions under an insolvency resolution plan when parties are not heard.

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                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.
                                An NCLAT order was set aside where the Adjudicating Authority directed release of charge over the entire land and implementation of a resolution plan without hearing affected parties, without recording reasons, and without considering a subsisting interim order of the Appellate Tribunal. The Tribunal held that judicial propriety required the earlier status quo order to be taken into account, and that passing directions at the first hearing without objections, fair hearing, or application of mind breached audi alteram partem and natural justice. The impugned directions were quashed, and the matter was remitted for fresh consideration, if necessary, after accounting for the interim order.
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