https://www.taxtmi.com/highlights?id=58396 Requirement on the side of Adjudicating Authority to issue notice to the Personal Guarantor at the time of appointing RP - Section 95 of IBC, 2016 - Non-issuance of notice at the time of appointment of RP cannot be held to be a violation of the Principles of Natural Justice, since these cannot be rigid and their applicability depends on the demand of the law and situation. Further, there is no straight jacket formula applicable to the principles of natural justice, which can be followed in each and every case - Tri en-us Thu, 17 Jun 2021 13:03:02 +0530 Thu, 17 Jun 2021 13:03:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=58396 Requirement on the side of Adjudicating Authority to issue notice to the Personal Guarantor at the time of appointing RP - Section 95 of IBC, 2016 - Non-issuance of notice at the time of appointment of RP cannot be held to be a violation of the Principles of Natural Justice, since these cannot be rigid and their applicability depends on the demand of the law and situation. Further, there is no straight jacket formula applicable to the principles of natural justice, which can be followed in each and every case - Tri Highlights Insolvency and Bankruptcy Thu, 17 Jun 2021 13:03:02 +0530 https://www.taxtmi.com/highlights?id=58396