https://www.taxtmi.com/caselaws?id=306896 Before admission of a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, the corporate debtor must be served with the application and given an opportunity to file a reply and be heard. The stated position treats pre-admission notice as necessary to ensure compliance with natural justice before any order of admission is passed. The directions also require service of notice in the prescribed manner and filing of proof of service before the next date. Notice to the corporate debtor was therefore directed before further consideration of the Section 7 petition. en-us Mon, 17 Oct 2022 00:00:00 +0530 Fri, 03 Mar 2023 22:18:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306896 Before admission of a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, the corporate debtor must be served with the application and given an opportunity to file a reply and be heard. The stated position treats pre-admission notice as necessary to ensure compliance with natural justice before any order of admission is passed. The directions also require service of notice in the prescribed manner and filing of proof of service before the next date. Notice to the corporate debtor was therefore directed before further consideration of the Section 7 petition. Case-Laws Insolvency and Bankruptcy Mon, 17 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306896