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    <title>2017 (12) TMI 1772 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI</title>
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    <description>The Tribunal set aside the impugned order under the Insolvency and Bankruptcy Code, 2016, due to the absence of a demand notice under Section 8, declaring the application incomplete and abated. Consequently, all related orders were deemed illegal, allowing the appellant to resume operations independently. The Adjudicating Authority was directed to determine the Interim Resolution Professional&#039;s fee. The appeal was allowed without costs, permitting the operational creditor to issue a fresh notice under Section 8 and file a new application if needed.</description>
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      <link>https://www.taxtmi.com/caselaws?id=289922</link>
      <description>The Tribunal set aside the impugned order under the Insolvency and Bankruptcy Code, 2016, due to the absence of a demand notice under Section 8, declaring the application incomplete and abated. Consequently, all related orders were deemed illegal, allowing the appellant to resume operations independently. The Adjudicating Authority was directed to determine the Interim Resolution Professional&#039;s fee. The appeal was allowed without costs, permitting the operational creditor to issue a fresh notice under Section 8 and file a new application if needed.</description>
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