https://www.taxtmi.com/caselaws?id=416144 The Tribunal held that the Adjudicating Authority has the jurisdiction to allow objectors/interveners to file objections before admitting a pre-packaged insolvency resolution process application. It emphasized adherence to natural justice principles and the power to regulate its own procedure. The Tribunal found a breach of statutory requirements in the meeting notice period for Financial Creditors. Allegations of fraudulent treatment and misrecording of votes raised valid concerns about meeting and approval process validity. The Tribunal stressed the importance of natural justice and procedural fairness, dismissing the appeal and leaving the decision on the application to the Adjudicating Authority. en-us Tue, 21 Dec 2021 00:00:00 +0530 Wed, 22 Dec 2021 07:50:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416144 The Tribunal held that the Adjudicating Authority has the jurisdiction to allow objectors/interveners to file objections before admitting a pre-packaged insolvency resolution process application. It emphasized adherence to natural justice principles and the power to regulate its own procedure. The Tribunal found a breach of statutory requirements in the meeting notice period for Financial Creditors. Allegations of fraudulent treatment and misrecording of votes raised valid concerns about meeting and approval process validity. The Tribunal stressed the importance of natural justice and procedural fairness, dismissing the appeal and leaving the decision on the application to the Adjudicating Authority. Case-Laws Insolvency and Bankruptcy Tue, 21 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416144