https://www.taxtmi.com/caselaws?id=766048 The NCLAT dismissed an appeal challenging a CD's right to contest a Section 9 application without replying to the Section 8 notice. The appellant argued that failure to respond to the Section 8 notice barred the CD from defending the Section 9 application. The NCLAT held that while Section 8 notice is mandatory for maintaining a Section 9 application, non-reply to the Section 8 notice does not prevent the CD from raising defenses in the Section 9 proceedings, as both provisions operate differently within the Code's framework. en-us Thu, 13 Feb 2025 00:00:00 +0530 Mon, 17 Feb 2025 08:48:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766048 The NCLAT dismissed an appeal challenging a CD's right to contest a Section 9 application without replying to the Section 8 notice. The appellant argued that failure to respond to the Section 8 notice barred the CD from defending the Section 9 application. The NCLAT held that while Section 8 notice is mandatory for maintaining a Section 9 application, non-reply to the Section 8 notice does not prevent the CD from raising defenses in the Section 9 proceedings, as both provisions operate differently within the Code's framework. Case-Laws IBC Thu, 13 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766048