https://www.taxtmi.com/caselaws?id=409377 The National Company Law Appellate Tribunal set aside the Adjudicating Authority's order due to legal infirmities and lack of a reasoned explanation. The matter was remitted for fresh consideration, emphasizing adherence to the Insolvency and Bankruptcy Code, natural justice, and the opportunity for all parties to present arguments. The appeal was allowed without costs, directing the Adjudicating Authority to issue reasoned orders in accordance with the law and the spirit of the Code. en-us Fri, 02 Jul 2021 00:00:00 +0530 Tue, 06 Jul 2021 13:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409377 The National Company Law Appellate Tribunal set aside the Adjudicating Authority's order due to legal infirmities and lack of a reasoned explanation. The matter was remitted for fresh consideration, emphasizing adherence to the Insolvency and Bankruptcy Code, natural justice, and the opportunity for all parties to present arguments. The appeal was allowed without costs, directing the Adjudicating Authority to issue reasoned orders in accordance with the law and the spirit of the Code. Case-Laws Insolvency and Bankruptcy Fri, 02 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409377