https://www.taxtmi.com/highlights?id=78092 The case involved the restoration of a dismissed petition for non-prosecution. The Applicant established reasonable grounds for restoration, despite being accused of forum shopping. The Adjudicating Authority's rejection of the restoration application was deemed erroneous as the cause for non-appearance was considered valid. Reference was made to the G.P. Srivastava case on sufficient cause for non-appearance. The Applicant's conduct was questioned, but the Adjudicating Authority's premature observations were deemed uncalled for. Ultimately, the appeal was allowed, and the restoration application was granted, emphasizing the Applicant's shown sufficient cause. en-us Tue, 04 Jun 2024 08:03:36 +0530 Tue, 04 Jun 2024 08:03:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=78092 The case involved the restoration of a dismissed petition for non-prosecution. The Applicant established reasonable grounds for restoration, despite being accused of forum shopping. The Adjudicating Authority's rejection of the restoration application was deemed erroneous as the cause for non-appearance was considered valid. Reference was made to the G.P. Srivastava case on sufficient cause for non-appearance. The Applicant's conduct was questioned, but the Adjudicating Authority's premature observations were deemed uncalled for. Ultimately, the appeal was allowed, and the restoration application was granted, emphasizing the Applicant's shown sufficient cause. Highlights Insolvency and Bankruptcy Tue, 04 Jun 2024 08:03:36 +0530 https://www.taxtmi.com/highlights?id=78092