https://www.taxtmi.com/caselaws?id=287226 The Tribunal set aside the ex-parte order admitting the Corporate Debtor into Corporate Insolvency Resolution Process. Despite noting unethical conduct, the Tribunal granted the application, emphasizing the significance of proper legal representation. The Corporate Debtor was given a chance to contest the claim by filing an affidavit-in-reply and making a specified deposit within a set timeframe. The Tribunal highlighted the severity of admitting a corporate entity into CIRP and stressed the necessity of following procedural requirements in insolvency proceedings. en-us Fri, 07 Dec 2018 00:00:00 +0530 Sat, 04 Apr 2020 09:54:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287226 The Tribunal set aside the ex-parte order admitting the Corporate Debtor into Corporate Insolvency Resolution Process. Despite noting unethical conduct, the Tribunal granted the application, emphasizing the significance of proper legal representation. The Corporate Debtor was given a chance to contest the claim by filing an affidavit-in-reply and making a specified deposit within a set timeframe. The Tribunal highlighted the severity of admitting a corporate entity into CIRP and stressed the necessity of following procedural requirements in insolvency proceedings. Case-Laws Insolvency and Bankruptcy Fri, 07 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287226