https://www.taxtmi.com/caselaws?id=349140 The Appellate Tribunal set aside the impugned order due to the violation of natural justice principles in a case related to a transfer petition of winding-up. The case was remitted back to the Adjudicating Authority for determining the professional fee of the Interim Resolution Professional and was closed due to a settlement between the parties. The Tribunal emphasized the importance of issuing a limited notice to the corporate debtor before admitting a case to ascertain default, without always requiring a hearing opportunity for the Corporate Debtor. en-us Fri, 01 Sep 2017 00:00:00 +0530 Wed, 03 Jan 2018 12:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349140 The Appellate Tribunal set aside the impugned order due to the violation of natural justice principles in a case related to a transfer petition of winding-up. The case was remitted back to the Adjudicating Authority for determining the professional fee of the Interim Resolution Professional and was closed due to a settlement between the parties. The Tribunal emphasized the importance of issuing a limited notice to the corporate debtor before admitting a case to ascertain default, without always requiring a hearing opportunity for the Corporate Debtor. Case-Laws Insolvency and Bankruptcy Fri, 01 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349140