https://www.taxtmi.com/caselaws?id=443953 NCLAT, PB, New Delhi recalled a prior three-member bench order because the financial creditors comprising the CoC were not heard when that bench directed the resolution professional not to deduct Rs.34 crores, producing a decision at variance with the CoC's commercial choice. The Tribunal held that affected financial creditors should have been heard (audi alteram partem), therefore the earlier three-member judgment was recalled and the recall application disposed of. en-us Wed, 04 Oct 2023 00:00:00 +0530 Fri, 05 Sep 2025 17:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443953 NCLAT, PB, New Delhi recalled a prior three-member bench order because the financial creditors comprising the CoC were not heard when that bench directed the resolution professional not to deduct Rs.34 crores, producing a decision at variance with the CoC's commercial choice. The Tribunal held that affected financial creditors should have been heard (audi alteram partem), therefore the earlier three-member judgment was recalled and the recall application disposed of. Case-Laws IBC Wed, 04 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443953