https://www.taxtmi.com/caselaws?id=447466 NCLAT dismissed the appeal challenging observations made against the erstwhile liquidator for failing to hand over documents to the new liquidator. The tribunal held that principles of natural justice were not violated as the appellant was present and heard on multiple dates regarding the handover issue. The court found no illegality in the adjudicating authority's decision to appoint an advocate commissioner to facilitate document transition and direct IBBI notification, noting the appellant failed to protest or provide bonafide submissions about completing the handover within the given timeframe. en-us Fri, 22 Dec 2023 00:00:00 +0530 Wed, 27 Dec 2023 13:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447466 NCLAT dismissed the appeal challenging observations made against the erstwhile liquidator for failing to hand over documents to the new liquidator. The tribunal held that principles of natural justice were not violated as the appellant was present and heard on multiple dates regarding the handover issue. The court found no illegality in the adjudicating authority's decision to appoint an advocate commissioner to facilitate document transition and direct IBBI notification, noting the appellant failed to protest or provide bonafide submissions about completing the handover within the given timeframe. Case-Laws Insolvency and Bankruptcy Fri, 22 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447466