2024 (10) TMI 1302

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.... the Petitioners Through: Mr. A.K. Giri, Mr. D.P. Singh, Mr. Mohit Raj & Mr. Sanjeev Chopra, Advs. For the Respondents Through: Mr. Udit Malik & Mr. Vishal Chanda, Advs. ORDER PER 1. Issue notice. 2. The learned counsel appearing for the respondents accepts notice. 3. The petitioners has filed the present petition impugning an order dated 31.03.2023 (hereby the impugned order), wher....

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....he date of the impugned SCN, that is with effect from 14.03.2023. 6. The learned counsel appearing for the respondents submits that petitioner no. 1's principal place of business was attached by the secured lenders under the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (hereafter SARFAESI Act) and therefore, petitioner no....

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....that petitioner no. 1 did not carry on its business from the said premises since inception. 9. It is also relevant to note that although the impugned SCN called upon the petitioner to appear for personal hearing before the proper officer, however, no date or time was fixed for personal hearing. Thus, in effect, the petitioners were also not afforded an opportunity of being heard. 10. In view....