https://www.taxtmi.com/article/detailed?id=12069 The tribunal found the Adjudicating Authority's statement that the corporate debtor repeatedly failed to appear was not supported by the record: initial notice and adjournments were recorded, and an affidavit of service was filed shortly before the hearing. It held that proceeding to an immediate ex-parte hearing without a separately listed ex-parte hearing was procedurally improper and remitted the matter for fresh consideration, noting that subsequent full payment of the disputed debt removed any live controversy. en-us Sat, 25 Nov 2023 09:43:39 +0530 Sat, 25 Nov 2023 09:43:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12069 The tribunal found the Adjudicating Authority's statement that the corporate debtor repeatedly failed to appear was not supported by the record: initial notice and adjournments were recorded, and an affidavit of service was filed shortly before the hearing. It held that proceeding to an immediate ex-parte hearing without a separately listed ex-parte hearing was procedurally improper and remitted the matter for fresh consideration, noting that subsequent full payment of the disputed debt removed any live controversy. Articles Corporate Laws / IBC / SEBI Sat, 25 Nov 2023 09:43:39 +0530 https://www.taxtmi.com/article/detailed?id=12069