https://www.taxtmi.com/caselaws?id=795308 An unchallenged order establishing a secured creditor's status, property rights and conduct may validly form the basis for its impleadment in a pending avoidance-transaction application; that basis cannot be collaterally challenged through an appeal against the consequential impleadment order. Once impleaded as a necessary party, the secured creditor must be heard for effective adjudication. The Adjudicating Authority may exercise inherent power to de-reserve a reserved order and reopen the matter where required to hear the necessary party and serve the interests of justice. The avoidance application is therefore to be decided after hearing all necessary parties. en-us Tue, 30 Jun 2026 00:00:00 +0530 Tue, 21 Jul 2026 08:32:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795308 An unchallenged order establishing a secured creditor's status, property rights and conduct may validly form the basis for its impleadment in a pending avoidance-transaction application; that basis cannot be collaterally challenged through an appeal against the consequential impleadment order. Once impleaded as a necessary party, the secured creditor must be heard for effective adjudication. The Adjudicating Authority may exercise inherent power to de-reserve a reserved order and reopen the matter where required to hear the necessary party and serve the interests of justice. The avoidance application is therefore to be decided after hearing all necessary parties. Case-Laws IBC Tue, 30 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795308