https://www.taxtmi.com/caselaws?id=350164 The Tribunal emphasized the importance of providing a reasonable opportunity and following the rules of natural justice before passing any order in a joint application under section 7 of the Insolvency and Bankruptcy Code, 2016. It highlighted the necessity of issuing a limited notice to the Corporate Debtor before admitting the application for the initiation of the corporate resolution process. The Tribunal ordered the service of notice to the absent Respondent Corporate Debtor, setting a returnable date for appearance and directing the applicant to file an affidavit of proof of service for further proceedings. en-us Thu, 28 Sep 2017 00:00:00 +0530 Wed, 03 Jan 2018 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350164 The Tribunal emphasized the importance of providing a reasonable opportunity and following the rules of natural justice before passing any order in a joint application under section 7 of the Insolvency and Bankruptcy Code, 2016. It highlighted the necessity of issuing a limited notice to the Corporate Debtor before admitting the application for the initiation of the corporate resolution process. The Tribunal ordered the service of notice to the absent Respondent Corporate Debtor, setting a returnable date for appearance and directing the applicant to file an affidavit of proof of service for further proceedings. Case-Laws Insolvency and Bankruptcy Thu, 28 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350164