https://www.taxtmi.com/caselaws?id=436748 The National Company Law Appellate Tribunal, Chennai, set aside the Impugned Order due to the failure to provide an opportunity for the Appellant to explain the necessity of the Resolution Professional and the lack of adherence to the Principles of Natural Justice. The matter was remitted back to the Adjudicating Authority to pass a reasoned order, allowing both parties to present their arguments. The Tribunal emphasized the importance of a fair and just process in accordance with the law. en-us Wed, 05 Apr 2023 00:00:00 +0530 Thu, 20 Apr 2023 08:46:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436748 The National Company Law Appellate Tribunal, Chennai, set aside the Impugned Order due to the failure to provide an opportunity for the Appellant to explain the necessity of the Resolution Professional and the lack of adherence to the Principles of Natural Justice. The matter was remitted back to the Adjudicating Authority to pass a reasoned order, allowing both parties to present their arguments. The Tribunal emphasized the importance of a fair and just process in accordance with the law. Case-Laws Insolvency and Bankruptcy Wed, 05 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436748