https://www.taxtmi.com/caselaws?id=406572 The Appellant challenged the dismissal of the Interlocutory Application seeking to set aside an ex-parte Order by the Adjudicating Authority. The key issue was the Authority's power to review its Company Petition Admission Order under Section 7 of the IBC. Disputes over notice service on the Corporate Debtor, interpretation of NCLT Rules, and adherence to Principles of Natural Justice were crucial. The Tribunal found in favor of the Appellant, setting aside the ex-parte Order, emphasizing the importance of fair procedure and providing the Appellant with an opportunity to participate in the proceedings, with costs imposed on the Appellant for further proceedings before the Adjudicating Authority. en-us Fri, 16 Apr 2021 00:00:00 +0530 Sat, 17 Apr 2021 11:05:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406572 The Appellant challenged the dismissal of the Interlocutory Application seeking to set aside an ex-parte Order by the Adjudicating Authority. The key issue was the Authority's power to review its Company Petition Admission Order under Section 7 of the IBC. Disputes over notice service on the Corporate Debtor, interpretation of NCLT Rules, and adherence to Principles of Natural Justice were crucial. The Tribunal found in favor of the Appellant, setting aside the ex-parte Order, emphasizing the importance of fair procedure and providing the Appellant with an opportunity to participate in the proceedings, with costs imposed on the Appellant for further proceedings before the Adjudicating Authority. Case-Laws Insolvency and Bankruptcy Fri, 16 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406572