https://www.taxtmi.com/caselaws?id=780776 NCLAT held that service of the demand notice under s.95(4)(b) read with Rule 7(1) and Form B is an essential prerequisite to initiate IRP under s.95; Form B contemplates serving the notice 14 days before filing and attaching proof to the application. Since the respondents had earlier admitted receipt of the notice, the tribunal's contrary finding was unsustainable. The impugned orders were quashed, the presumption of service affirmed, and the matter remanded to the Adjudicating Authority to proceed further on merits in accordance with law. en-us Fri, 24 Oct 2025 00:00:00 +0530 Wed, 05 Nov 2025 08:35:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780776 NCLAT held that service of the demand notice under s.95(4)(b) read with Rule 7(1) and Form B is an essential prerequisite to initiate IRP under s.95; Form B contemplates serving the notice 14 days before filing and attaching proof to the application. Since the respondents had earlier admitted receipt of the notice, the tribunal's contrary finding was unsustainable. The impugned orders were quashed, the presumption of service affirmed, and the matter remanded to the Adjudicating Authority to proceed further on merits in accordance with law. Case-Laws IBC Fri, 24 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780776