https://www.taxtmi.com/caselaws?id=273436 The Appellate Tribunal upheld the rejection of an application to initiate Corporate Insolvency Resolution under Section 9 of the Insolvency & Bankruptcy Code, 2016, due to the absence of a notice under Section 8. Emphasizing the mandatory requirement of issuing a notice under Section 8 before filing an application under Section 9, the tribunal highlighted the necessity of strict compliance with statutory procedures. The decision underscores the importance of adhering to prescribed processes to uphold the integrity of the insolvency resolution framework, resulting in the dismissal of the appeal. en-us Thu, 25 May 2017 00:00:00 +0530 Wed, 27 Jun 2018 07:27:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273436 The Appellate Tribunal upheld the rejection of an application to initiate Corporate Insolvency Resolution under Section 9 of the Insolvency & Bankruptcy Code, 2016, due to the absence of a notice under Section 8. Emphasizing the mandatory requirement of issuing a notice under Section 8 before filing an application under Section 9, the tribunal highlighted the necessity of strict compliance with statutory procedures. The decision underscores the importance of adhering to prescribed processes to uphold the integrity of the insolvency resolution framework, resulting in the dismissal of the appeal. Case-Laws Companies Law Thu, 25 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273436