https://www.taxtmi.com/caselaws?id=380091 The appeal was allowed, setting aside the impugned order admitting the application for Corporate Insolvency Resolution Process. The delay in filing the appeal was condoned. Dispute over the service of notice on the Corporate Debtor led to the order's invalidation. The Intervention Application by a third party was dismissed due to lack of standing. Emphasis was placed on adhering to natural justice principles before admitting applications under Section 9 of the Insolvency and Bankruptcy Code. The Corporate Debtor was released from proceedings, directed to pay fees, and instructed to operate independently. en-us Tue, 22 Jan 2019 00:00:00 +0530 Tue, 14 May 2019 07:54:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380091 The appeal was allowed, setting aside the impugned order admitting the application for Corporate Insolvency Resolution Process. The delay in filing the appeal was condoned. Dispute over the service of notice on the Corporate Debtor led to the order's invalidation. The Intervention Application by a third party was dismissed due to lack of standing. Emphasis was placed on adhering to natural justice principles before admitting applications under Section 9 of the Insolvency and Bankruptcy Code. The Corporate Debtor was released from proceedings, directed to pay fees, and instructed to operate independently. Case-Laws Insolvency and Bankruptcy Tue, 22 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380091