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    <title>2021 (1) TMI 186 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI</title>
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    <description>The Appellate Tribunal set aside the Adjudicating Authority&#039;s decision to dispose of the application under Section 9 of the Insolvency and Bankruptcy Code, directing the Respondent to settle the issue or allowing the Appellant to file a fresh Company Petition. The Tribunal emphasized the importance of proper service of notice and thorough consideration of the application, remanding the matter for reevaluation in accordance with the IBC provisions. The appeal was allowed, stressing adherence to due process in insolvency proceedings for fair consideration of all parties.</description>
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      <description>The Appellate Tribunal set aside the Adjudicating Authority&#039;s decision to dispose of the application under Section 9 of the Insolvency and Bankruptcy Code, directing the Respondent to settle the issue or allowing the Appellant to file a fresh Company Petition. The Tribunal emphasized the importance of proper service of notice and thorough consideration of the application, remanding the matter for reevaluation in accordance with the IBC provisions. The appeal was allowed, stressing adherence to due process in insolvency proceedings for fair consideration of all parties.</description>
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