https://www.taxtmi.com/caselaws?id=368810 The Tribunal set aside the order admitting an application under Section 9 of the Insolvency and Bankruptcy Code due to lack of proper service of demand notice under Section 8(1). The Tribunal declared all related orders illegal, dismissed the application, and allowed the Corporate Debtor to operate independently. The Adjudicating Authority was directed to determine the Resolution Professional's fee to be paid by the Corporate Debtor. The appeal was successful with no costs imposed, as the parties had settled the claim. en-us Mon, 10 Sep 2018 00:00:00 +0530 Mon, 15 Oct 2018 14:13:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368810 The Tribunal set aside the order admitting an application under Section 9 of the Insolvency and Bankruptcy Code due to lack of proper service of demand notice under Section 8(1). The Tribunal declared all related orders illegal, dismissed the application, and allowed the Corporate Debtor to operate independently. The Adjudicating Authority was directed to determine the Resolution Professional's fee to be paid by the Corporate Debtor. The appeal was successful with no costs imposed, as the parties had settled the claim. Case-Laws Insolvency and Bankruptcy Mon, 10 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368810