https://www.taxtmi.com/caselaws?id=350820 The appeal was allowed, granting relief to the appellant company, a Corporate Debtor, due to the delay in filing caused by lack of notice. The impugned order, issued without following natural justice principles, was declared illegal, leading to its setting aside. All related actions were annulled, including appointment of the Interim Resolution Professional. The appellant was released from legal restrictions to operate independently, with directions to pay fees to the Professional. No costs were awarded, and other creditors were permitted to seek redress. en-us Wed, 11 Oct 2017 00:00:00 +0530 Tue, 14 Nov 2017 04:38:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350820 The appeal was allowed, granting relief to the appellant company, a Corporate Debtor, due to the delay in filing caused by lack of notice. The impugned order, issued without following natural justice principles, was declared illegal, leading to its setting aside. All related actions were annulled, including appointment of the Interim Resolution Professional. The appellant was released from legal restrictions to operate independently, with directions to pay fees to the Professional. No costs were awarded, and other creditors were permitted to seek redress. Case-Laws Companies Law Wed, 11 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350820