https://www.taxtmi.com/caselaws?id=408637 The Tribunal upheld the ex parte order dated 22.03.2021, validated the service of the Demand Notice, and concluded that the principles of natural justice were not violated by not issuing notice at the stage of appointing the Resolution Professional. The application IA-1774/ND/2021 was dismissed, emphasizing that notice is only required when the Resolution Professional recommends initiating the Insolvency Resolution Process against the Personal Guarantor. en-us Wed, 09 Jun 2021 00:00:00 +0530 Thu, 17 Jun 2021 11:08:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408637 The Tribunal upheld the ex parte order dated 22.03.2021, validated the service of the Demand Notice, and concluded that the principles of natural justice were not violated by not issuing notice at the stage of appointing the Resolution Professional. The application IA-1774/ND/2021 was dismissed, emphasizing that notice is only required when the Resolution Professional recommends initiating the Insolvency Resolution Process against the Personal Guarantor. Case-Laws Insolvency and Bankruptcy Wed, 09 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408637