https://www.taxtmi.com/caselaws?id=779942 NCLAT allowed the appeal and set aside the Adjudicating Authority's order rejecting a Section 9 IBC application, finding the order lacked reasons, failed to record the applicant's submissions, and did not issue notice or seek reply from the respondent. The matter is remanded for fresh hearing with parties to be heard; all issues are kept open. The tribunal clarified no observations were made on the merits and directed that nothing in its order should influence the final decision by the Ld. Adjudicating Authority. en-us Tue, 14 Oct 2025 00:00:00 +0530 Thu, 16 Oct 2025 08:30:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779942 NCLAT allowed the appeal and set aside the Adjudicating Authority's order rejecting a Section 9 IBC application, finding the order lacked reasons, failed to record the applicant's submissions, and did not issue notice or seek reply from the respondent. The matter is remanded for fresh hearing with parties to be heard; all issues are kept open. The tribunal clarified no observations were made on the merits and directed that nothing in its order should influence the final decision by the Ld. Adjudicating Authority. Case-Laws IBC Tue, 14 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779942