https://www.taxtmi.com/caselaws?id=420135 An insolvency application cannot be finally admitted on the basis of additional e-mails first taken on record at the appellate stage unless the corporate debtor is given a fair opportunity to respond. Because the additional material was relied on to infer admission of liability and limitation, the admission under Section 9 of the Insolvency and Bankruptcy Code, 2016 could not be sustained. The matter was remanded for fresh consideration by the adjudicating authority with the additional documents on record and after hearing both sides, including reconsideration of the limitation issue in that setting. en-us Mon, 07 Feb 2022 00:00:00 +0530 Sun, 27 Mar 2022 09:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420135 An insolvency application cannot be finally admitted on the basis of additional e-mails first taken on record at the appellate stage unless the corporate debtor is given a fair opportunity to respond. Because the additional material was relied on to infer admission of liability and limitation, the admission under Section 9 of the Insolvency and Bankruptcy Code, 2016 could not be sustained. The matter was remanded for fresh consideration by the adjudicating authority with the additional documents on record and after hearing both sides, including reconsideration of the limitation issue in that setting. Case-Laws Insolvency and Bankruptcy Mon, 07 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420135