https://www.taxtmi.com/caselaws?id=793423 An order initiating bankruptcy proceedings was found vulnerable where the appellant appeared on the hearing date but was not given an effective opportunity to file objections before the matter was reserved and decided. The decisive issue was procedural fairness: the record did not show compliance with audi alteram partem or the requirement of a meaningful chance to controvert the application. The substantive correctness of the bankruptcy conclusion was not examined. The order was quashed for breach of natural justice, and the matter was remitted for fresh consideration after granting an opportunity to file objections. en-us Tue, 24 Feb 2026 00:00:00 +0530 Tue, 16 Jun 2026 08:32:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793423 An order initiating bankruptcy proceedings was found vulnerable where the appellant appeared on the hearing date but was not given an effective opportunity to file objections before the matter was reserved and decided. The decisive issue was procedural fairness: the record did not show compliance with audi alteram partem or the requirement of a meaningful chance to controvert the application. The substantive correctness of the bankruptcy conclusion was not examined. The order was quashed for breach of natural justice, and the matter was remitted for fresh consideration after granting an opportunity to file objections. Case-Laws IBC Tue, 24 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793423