https://www.taxtmi.com/caselaws?id=283631 The Appellate Tribunal set aside the order admitting the application under Section 9 of the Insolvency and Bankruptcy Code due to improper notice issuance. Consequently, all related orders were declared illegal, releasing the Corporate Debtor from obligations and allowing independent operation. The Adjudicating Authority was directed to close proceedings, with the Interim Resolution Professional's fee to be paid by the Respondent. The appeal was allowed with observations and directions, and no costs were ordered. en-us Mon, 16 Oct 2017 00:00:00 +0530 Fri, 04 Oct 2019 09:36:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283631 The Appellate Tribunal set aside the order admitting the application under Section 9 of the Insolvency and Bankruptcy Code due to improper notice issuance. Consequently, all related orders were declared illegal, releasing the Corporate Debtor from obligations and allowing independent operation. The Adjudicating Authority was directed to close proceedings, with the Interim Resolution Professional's fee to be paid by the Respondent. The appeal was allowed with observations and directions, and no costs were ordered. Case-Laws Insolvency and Bankruptcy Mon, 16 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283631