https://www.taxtmi.com/caselaws?id=397442 The court upheld the order admitting an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 against a corporate debtor, rejecting claims of a violation of Principles of Natural Justice and incompleteness of the application. The appellant's contentions regarding the denial of an opportunity to file a reply were dismissed, as the debtor had ample chances to engage in the process, settle the debt, and comply with the I&B Code. The court emphasized that the debtor had multiple opportunities to address the issues raised, leading to no interference against the impugned order. en-us Mon, 13 Jul 2020 00:00:00 +0530 Fri, 07 Jan 2022 12:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397442 The court upheld the order admitting an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 against a corporate debtor, rejecting claims of a violation of Principles of Natural Justice and incompleteness of the application. The appellant's contentions regarding the denial of an opportunity to file a reply were dismissed, as the debtor had ample chances to engage in the process, settle the debt, and comply with the I&B Code. The court emphasized that the debtor had multiple opportunities to address the issues raised, leading to no interference against the impugned order. Case-Laws Insolvency and Bankruptcy Mon, 13 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397442