https://www.taxtmi.com/caselaws?id=427229 The Appellate Tribunal dismissed the appeal against the replacement of the Resolution Professional, ruling that the CoC's decision to replace the Appellant was valid under Section 27 of the I&B Code. The Tribunal held that the Resolution Professional was not entitled to a hearing before the CoC's decision to replace them. Previous judgments were cited to support the decision, emphasizing that natural justice principles do not automatically apply in such cases. The appeal lacked merit and was therefore dismissed. en-us Fri, 02 Sep 2022 00:00:00 +0530 Mon, 05 Sep 2022 07:21:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427229 The Appellate Tribunal dismissed the appeal against the replacement of the Resolution Professional, ruling that the CoC's decision to replace the Appellant was valid under Section 27 of the I&B Code. The Tribunal held that the Resolution Professional was not entitled to a hearing before the CoC's decision to replace them. Previous judgments were cited to support the decision, emphasizing that natural justice principles do not automatically apply in such cases. The appeal lacked merit and was therefore dismissed. Case-Laws Insolvency and Bankruptcy Fri, 02 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427229